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The Exchange

The Ghost of Glass-Steagall: Should It Be Brought Back?

Matt Dove

Also known as the “banking act of 1933,” this law stemmed from the 1920s stock market crash and Great Depression that followed, with restrictions on banks and other financial institutions. Glass-Steagall was overturned about twenty years ago, but some are pushing to bring it back.


  • Jennifer Kelber – Assistant Professor of Economics and Business at St. Anselm College
  • Heather Long – Senior Markets and Economy Writer at CNN
  • Gretchen Morgenson – Assistant Business and Financial Editor and a Columnist at the New York Times


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