A Quote by Steve Mnuchin

The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as part of regulatory reform. — © Steve Mnuchin
The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as part of regulatory reform.
The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect American families.
I would say that folks who have looked at this issue for a long time, whether it's Elizabeth Warren or many other economists, will tell you that right now, yes, we do need a 21st century Glass-Steagall legislation.
I thought that ending Glass-Steagall was a mistake.
I don't support going back to Glass-Steagall as is.
I think former President Clinton and even Newt Gingrich have said it was a mistake to repeal Glass Steagall.
I'd like to sit down with Hillary Clinton onstage and ask her about Glass Steagall and all the big banks and her own campaign contributions.
I have great respect for Senator [Bernie] Sanders's commitment to try to restore Glass-Steagall. But I do not believe that that is enough. And in fact, I don't believe it really addresses a lot of the biggest issues we have.
Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.
Since JPMorgan Chase announced its surprise $2 billion-and-growing trading loss, there have been renewed calls from economists, pundits, and politicians to reinstate the Glass-Steagall Act, a Depression-era law that prevented commercial banks from participating in investment banking activities.
Should we think about separating the investment banks from the commercial banks, a new Glass-Steagall? I would be really excited to see that. I think it would be great for the economy.
Tea Party people know that I stood against the Wall Street scam from Day One, that I voted against TARP, that I voted against repealing Glass-Steagall Act that kept these guys under some control.
There will be Apple Glass, and Google Glass, and RIM Glass. These companies are all working on glass. I think everyone is going to be making glass. I think we're also going to have a glass war instead of a smartphone war.
Certainly, some of the anti-bank rhetoric has shifted a little bit, but on either side of the aisle, there seems to be different tacts. On one side of the aisle, you see a proposed scaling back of Dodd-Frank. On the other, a proposed reinstatement of Glass-Steagall.
There are, it has been said, two types of people in the world. There are those who, when presented with a glass that is exactly half full, say: this glass is half full. And then there are those who say: this glass is half empty. The world belongs, however, to those who can look at the glass and say: What's up with this glass? Excuse me? Excuse me? This is my glass? I don't think so. My glass was full! And it was a bigger glass! Who's been pinching my beer?
Gravity pulls our bodily fluids down, like water in a glass goes to the bottom part of a glass. In space, the water doesn't stay in the bottom of the glass. It distributes itself evenly over time throughout the entire volume of the glass.
The policies that Hillary [Clinton] advocates are going to be more of the same, whether you're looking at her cozy relationships with the banks, her refusal to support Glass-Steagall, her vagueness about what actually she's going to do about the control of the big banks.
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