S. 1709: 21st Century Glass-Steagall Act of 2015

The 21st Century Glass-Steagall Act (S. 1709, H.R. 3054) would prohibit commercial banks insured by the Federal Deposit Insurance Corporation (FDIC) from acting as or affiliating with investment banks.

A commercial bank holds checking and savings accounts and provides loans for customers. These banks are often insured by the FDIC, which provides a safety guarantee for customers of the ...

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Jul 7, 2015


Referred to Committee on Jul 7, 2015

This bill was assigned to a congressional committee on July 7, 2015, which will consider it before possibly sending it on to the House or Senate as a whole.


Elizabeth Warren

Senior Senator from Massachusetts



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Last Updated: Jul 7, 2015
Length: 36 pages


1% chance of being enacted according to PredictGov (details)


Jul 7, 2015

This is the first step in the legislative process.

Reported by Committee

Passed Senate

Passed House

Signed by the President

S. 1709 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

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“S. 1709 — 114th Congress: 21st Century Glass-Steagall Act of 2015.” www.GovTrack.us. 2015. October 28, 2016 <https://www.govtrack.us/congress/bills/114/s1709>

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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.