Reem Heakal is a writer who became an Investopedia contributor in 2003. Her writing covers a wide array of large-scale financial topics. Andy Smith is a Certified Financial Planner (CFP®), licensed ...

The revival of a defunct, Depression-era law that split banks' commercial and investment-banking functions is getting support from many advocacy groups that contend the divide is needed again to ...

The Glass-Steagall Act is a piece of financial legislation that dates to the Great Depression and has been partially dismantled but remains strikingly relevant today. The act has popped up repeatedly ...

A bi-partisan group of lawmakers proposed a bill on Thursday that, if passed, could have the most significant impact on the financial industry of any legislative action since the Great Depression.

In what has become an annual event during her time in Congress, Sen. Elizabeth Warren (D-Mass.) has once again teamed up with Sen. John McCain (R-Ariz.) and Angus King (I-Maine) to file legislation ...

WASHINGTON (Reuters) - Financial giants such as Goldman Sachs Group could be broken up under two bills introduced in the U.S. Congress on Wednesday, one with the backing of former Republican ...

WASHINGTON (Reuters) - White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their ...