Mitchell Cobert on The Glass Steagall Act
Mitchell Cobert, Democratic Congressional Candidate for New Jersey 11 wrote a Medium post on the need to reinstate the Glass-Steagall Act.
The Glass-Steagall Act: What it is and Why I Support Its Full Reinstatement
Excerpts:
“We need to restore financial competition by separating investment banking from commercial banking. We cannot wait until the next market meltdown to act.”
“I will work to immediately reinstate the Glass-Steagall Act. It is a necessary first step to protect the integrity of our financial institutions and to restore competition in the marketplace.”
Read the whole post here:
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