So much attention is being paid to reforming America’s strict banking laws these days that few seem to spare a thought for the committees at the House of Representatives which have to decide on the issue.
Last month, chairman of the US Federal Reserve Board Alan Greenspan was so busy warning politicians about the dangers of making too many changes to the 1933 Glass-Steagall Act that he didn’t even blink at the name of the forum he was addressing: the sub-committee on finance and hazardous materials.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
