The basic understanding behind Glass-Steagall was, look, we can't keep doing that. That is not going to work for us.
Elizabeth Warren: “The basic understanding behind Glass-Steagall was, look, we can't keep doing that. That is not going to work for us.”
On the recordJune 8, 2009
Source
congress.govEditor's note · Context
Warren emphasizes the need for systemic risk regulation through Glass-Steagall.
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