The Return to Prudent Banking Act (H.R. 1489) was introduced in the 112th Congress, which has adjourned.

It has not yet been reintroduced.

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The Return to Prudent Banking Act

H.R. 1489: Return to Prudent Banking Act of 2011

Summary: To repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation between commercial banking and the securities business, in the manner provided in the Banking Act of 1933, the so-called “Glass-Steagall Act”, and for other purposes. (More Info)

The Return to Prudent Banking Act (H.R. 1489) was introduced in the 112th Congress, which has adjourned. It has not yet been reintroduced.

What POPVOX Users Say

POPVOX Nation:
94% Support
5% Oppose
(544 users)

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1 individuals support the reintroduction of H.R. 1489 (112th). View report

514 users
30 users
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Endorsing Organizations

League of United Latin American Citizens (LULAC) 13,794 Facebook fans

Calling Upon Congress to Enact HR 1489, The Resolution of Glass Steagall

WHEREAS, the League of United Latin American Citizens is this nation’s oldest and largest Latino organization, founded in Corpus Christi, Texas on February 17, 1929; and

WHEREAS, LULAC throughout its history has committed itself to the principles that Latinos have equal access to opportunities in employment, education, housing and healthcare; and

WHEREAS, in response to the Great Depression of the1930's, the Congress enacted the Federal Banking Act of 1933, known as the Glass-Steagall Act, that separated commercial banking from investment and speculative banking; and

WHEREAS, the ...

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International Federation of Professional & Technical Engineers (IFPTE) 1,292 Facebook fans 277 Twitter followers

Dear Representative,

As President of the International Federation of Professional and Technical Engineers (IFPTE), I am writing to ask that you cosponsor House Resolution 1489 (HR 1489), The Return to Prudent Banking Act. This legislation, which is sponsored by Congresswoman Marcy Kaptur, will provide concrete protections to American families by reinstating the Glass-Steagall Act.

Unfortunately, tens of millions of American workers are continuing to suffer due to no fault of their own. The reported unemployment rate remains steady at 9.1%, which is actually much rosier than the reality on the ground. When you consider the many people that have ...

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* This organization’s position on this bill was entered by POPVOX.