Articles by: Nancy Spannaus

“Congress Must Not Wait–The Chance to Restore Glass-Steagall Is Now”

“Congress Must Not Wait–The Chance to Restore Glass-Steagall Is Now”

June 16, 2017—Eighty-four years ago today, President Franklin Roosevelt capped off a marathon 100-day session of Congress with the signing of the Glass-Steagall Banking Bill. That bill, which was actively promoted by some powerful Wall Street bankers as well as the general public, was specifically aimed at providing for “the […]

by June 16, 2017 Glass-Steagall, News

Glass-Steagall Advocates Press Their Case

June 15, 2017—Some Glass-Steagall advocates just won’t take `no’ for an answer. Among them are former Reagan Administration Assistant Treasury Secretary Paul Craig Roberts, and Democratic Representatives Marcy Kaptur (Ohio) and Tulsi Gabbard (Hawaii). On June 8 Roberts posted an article  under the title “Without Glass-Steagall America Will Fail.” Roberts […]

by June 16, 2017 Glass-Steagall

The Franklin Roosevelt Model for Recovery

By Nancy Spannaus Aug. 10, 2016—When President Franklin Delano Roosevelt took action within his first 100 days to control the U.S. economy from the marauding speculating bankers who had brought it to its knees, he knew that stopping financial crime was not going to be enough. Americans needed the opportunity […]

by June 14, 2017 Infrastructure

The Fight to Restore Glass-Steagall

June 12–Efforts to revive the American System today are being led by the campaign to reinstate FDR’s Glass-Steagall law. The LaRouche Political Action Committee began to agitate for this measure in the fall of 2008, and by 2010 the drive had become an active issue in the U.S. Congress, at […]

by June 12, 2017 Glass-Steagall

Nomi Prins to President Trump: Glass-Steagall or Another Meltdown

Dear President Trump: Breaking Up (Banks) Isn’t So Hard to Do: Glass-Steagall or Another Economic Meltdown? By Nomi Prins (The following open letter was issued June 8, 2017.) Donald, listen, whatever you’ve done so far, whatever you’ve messed up, there’s one thing you could do that would make up for a […]

by June 12, 2017 Glass-Steagall, News

Reps. Kaptur and Jones vow to fight on for Glass-Steagall

  June 6, 2017,Washington, D.C. – Today, Congresswoman Marcy Kaptur (OH-09) and Congressman Walter Jones (NC-03) testified to the House Rules Committee on their bipartisan amendment to H.R. 10, the Financial CHOICE Act. The Kaptur-Jones amendment would have removed the bill’s current language, which takes America backward on Wall Street […]

by June 10, 2017 News