June 6, 2019—Rep. Michael J. Skindell, a long-time Democratic representative from Ohio’s Cuyahoga County, has introduced a memorial resolution into the Ohio state legislature calling on Congress to pass a new Glass-Steagall law. The substance of House Concurrent Resolution 9 reads as follows: RESOLVED, That we, the members of the […]
April 10, 2019—The following press release was issued by Rep. Marcy Kaptur (D-Ohio) yesterday. It puts back on the Congressional agenda one of the urgent actions required to curb Wall Street speculation, and put the United States back on the path of the American System. The Bill number is HR […]
March 20, 2018–Franklin Roosevelt’s New Deal model is still relevant today, Rep. Marcy Kaptur recognizes with her 21st Century Civilian Conservation Corps Act (H.R. 2206). Read about a part of that model below. March 18, 1933 began the second phase of FDR’s “Hundred Days” program, the one devoted explicitly to […]
Nov. 1, 2017—All those interested in re-instating the American System of economics, which today requires the immediate reinstatement of Glass-Steagall banking separation, will want to view the just-released video of the highly informative webinar held on Glass-Steagall on September 26. The nearly hour-long event can be viewed here. The webinar […]
by Nancy Spannaus Sept. 27, 2017—In an approximately 50 minute webinar, held at AFL-CIO headquarters in Washington, D.C. Sept. 26, representatives of several citizen and labor groups launched a renewed mobilization for reinstituting Glass-Steagall banking separation. The webinar was jointly sponsored by Public Citizen, Americans for Financial Reform, and […]
Sept. 25—Our Revolution, the successor organization to Bernie Sanders’ presidential campaign, has announced that there will be a national webinar at 1 pm Eastern Time on September 26, devoted to motivating immediate action to pass Glass-Steagall legislation now pending before Congress. The event will be accessible to citizens all around […]
June 21, 2017–Following the GOP’s stonewalling of discussion of Glass-Steagall over the past week, supporters of the Return to Prudent Banking Act (H.R. 790) in the House of Representatives have determined to take the fight to a broader level. Thus, on June 20, the lobbying group Public Citizen hosted the […]
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 […]
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 […]
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 Nancy Spannaus* Oct. 14, 2020—The Oct. 2 release of Arthur Wilmarth’s new book calling for a new Glass-Steagall law is timely, and critical. Unfortunately, it is not clear that the relevant political figures are yet prepared to listen. Wilmarth’s book is entitled Taming the Megabanks: Why We Need a […]
September 19, 2020–I am pleased to announce that on September 23, I will challenge the myths about Alexander Hamilton in a lecture sponsored by the Treasury Historical Association (THA). My talk, addressed to the Treasury group via internet platform, will be based on my 2019 book Hamilton Versus Wall Street: […]
