Reinstate Glass-Steagall protections by enacting her Return to Prudent Banking Act, which would again legally separate commercial banking from investment banking and end the 'too big to fail' status of the largest institutions.
Stated position. What this official has said they believe on this issue — a sourced claim, shown distinctly from any assessment of what they did. It is never scored and never affects the Integrity Score.
Derived from a tracked promise: “Reinstate Glass-Steagall protections by enacting her Return to Prudent Banking Act, which would again legally separate commercial banking fr…”
Sources
- Kaptur for Congress (campaign)https://marcykaptur.com/issues/ ↗
“Marcy has proposed the Return to Prudent Banking Act, which would reinstate the provisions of the Glass-Steagall Act to address these issues and more.”
- Congress.gov (Library of Congress)https://www.congress.gov/bill/113th-congress/house-bill/129 ↗
“Return to Prudent Banking Act of 2013 ... Sponsor: Rep. Kaptur, Marcy [D-OH-9]”
- Office of Rep. Marcy Kaptur (kaptur.house.gov)https://kaptur.house.gov/issues/wall-street-reform ↗
“reinstate the ... Glass-Steagall Act to keep investment banking separate from commercial banking in order to preserve the stability of our financial system”