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 insured ... Continue reading »
Jul 7, 2015
114th Congress, 2015–2017
Died in a previous Congress
This bill was introduced on July 7, 2015, in a previous session of Congress, but was not enacted.
Senior Senator from Massachusetts
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Last Updated: Jul 7, 2015
Length: 36 pages
Earlier Version — Introduced
This activity took place on a related bill, S. 1282 (113th).
This is the first step in the legislative process.
S. 1709 (114th) was 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.
This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not enacted by the end of a Congress is cleared from the books.
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Civic Impulse. (2017). S. 1709 — 114th Congress: 21st Century Glass-Steagall Act of 2015. Retrieved from https://www.govtrack.us/congress/bills/114/s1709
“S. 1709 — 114th Congress: 21st Century Glass-Steagall Act of 2015.” www.GovTrack.us. 2015. March 30, 2017 <https://www.govtrack.us/congress/bills/114/s1709>
|title=S. 1709 (114th)
|accessdate=March 30, 2017
|author=114th Congress (2015)
|date=July 7, 2015
|quote=21st Century Glass-Steagall Act of 2015
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