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Forum Post: ►Petition to Restore Glass-Steagall - Pass the Return to Prudent Banking Act

Posted 11 years ago on Jan. 17, 2012, 4:31 a.m. EST by JenniSiri (0) from Ligonier, IN
This content is user submitted and not an official statement

H.R. 1489: Return to Prudent Banking Act of 2011 Sponsor: Rep. Marcy Kaptur [D-OH9]

PLEASE SIGN HERE: http://chn.ge/BankingPetition

This bill will: " ... repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called "Glass-Steagall Act", and for other purposes."

This bill is currently in the House Committee on Financial Services. We must urge committee members to bring this bill to the floor for a vote well before the elections in November. It would be beneficial if this became a campaign issue as it might stand a better chance of making it out of committee and eventually passing.

This petition targets committee members as well as the President and your representatives in the House and the Senate. They will receive an email from you as soon as you sign. You may edit the letter according to your needs.



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