Glass–Steagall Act
E1713
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
All labels observed (7)
| Label | Occurrences |
|---|---|
| Glass–Steagall Act canonical | 15 |
| Banking Act of 1933 | 8 |
| Glass–Steagall Act of 1933 | 3 |
| Glass-Steagall Act | 2 |
| Banking Act of 1933 (establishing FDIC) | 1 |
| Glass–Steagall Act of 1932 | 1 |
| Section 11 of the Banking Act of 1933 | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T6597 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Glass–Steagall Act Context triple: [New Deal, hasPart, Glass–Steagall Act]
-
A.
Emergency Banking Act
The Emergency Banking Act was a 1933 U.S. law passed early in Franklin D. Roosevelt’s presidency to stabilize the collapsing banking system during the Great Depression by regulating bank operations and restoring public confidence.
-
B.
Bretton Woods system
The Bretton Woods system was a post–World War II international monetary order in which major currencies were pegged to the U.S. dollar, and the dollar was convertible to gold, creating a fixed exchange rate regime that lasted until the early 1970s.
-
C.
Lever Food and Fuel Control Act of 1917
The Lever Food and Fuel Control Act of 1917 was a World War I-era U.S. law that granted the federal government broad powers to regulate the production, distribution, and pricing of food and fuel to support the war effort and prevent hoarding and profiteering.
-
D.
Home Owners' Loan Corporation
The Home Owners' Loan Corporation was a New Deal-era U.S. government agency created during the Great Depression to refinance home mortgages, prevent foreclosures, and stabilize the housing market.
-
E.
Emergency Relief Appropriation Act of 1935
The Emergency Relief Appropriation Act of 1935 was a major New Deal law that funded large-scale public works and employment programs to combat unemployment during the Great Depression.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Glass–Steagall Act Target entity description: The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
-
A.
Emergency Banking Act
The Emergency Banking Act was a 1933 U.S. law passed early in Franklin D. Roosevelt’s presidency to stabilize the collapsing banking system during the Great Depression by regulating bank operations and restoring public confidence.
-
B.
Bretton Woods system
The Bretton Woods system was a post–World War II international monetary order in which major currencies were pegged to the U.S. dollar, and the dollar was convertible to gold, creating a fixed exchange rate regime that lasted until the early 1970s.
-
C.
Lever Food and Fuel Control Act of 1917
The Lever Food and Fuel Control Act of 1917 was a World War I-era U.S. law that granted the federal government broad powers to regulate the production, distribution, and pricing of food and fuel to support the war effort and prevent hoarding and profiteering.
-
D.
Home Owners' Loan Corporation
The Home Owners' Loan Corporation was a New Deal-era U.S. government agency created during the Great Depression to refinance home mortgages, prevent foreclosures, and stabilize the housing market.
-
E.
Emergency Relief Appropriation Act of 1935
The Emergency Relief Appropriation Act of 1935 was a major New Deal law that funded large-scale public works and employment programs to combat unemployment during the Great Depression.
- F. None of above. chosen
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
banking regulation ⓘ |
| abbreviation |
Federal Deposit Insurance Corporation
ⓘ
surface form:
FDIC
|
| aimedAt | stabilizing the U.S. banking system ⓘ |
| alsoKnownAs |
Glass–Steagall Act
ⓘ
surface form:
Banking Act of 1933
|
| associatedWith | financial stability policies ⓘ |
| category |
Great Depression
ⓘ
surface form:
Great Depression in the United States
New Deal ⓘ
surface form:
New Deal in the United States
United States banking legislation ⓘ |
| componentOf | New Deal legislation ⓘ |
| context | Great Depression ⓘ |
| coSponsor | Henry B. Steagall ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| created | Federal Deposit Insurance Corporation ⓘ |
| debatedRegarding |
relevance after late 20th century deregulation
ⓘ
role in preventing financial crises ⓘ |
| depositInsuranceCoverageInitial | $2,500 ⓘ |
| enactedIn | United States Congress ⓘ |
| field |
banking law
ⓘ
financial regulation ⓘ |
| influenced |
global approaches to bank separation
ⓘ
subsequent U.S. banking regulation ⓘ |
| inForceForDecades | yes ⓘ |
| introducedDepositInsurance | yes ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| keyProvision |
creation of federal deposit insurance
ⓘ
separation of commercial and investment banking activities ⓘ |
| longTermEffect | restructuring of U.S. banking industry ⓘ |
| namedAfter |
Carter Glass
ⓘ
Henry B. Steagall ⓘ |
| presidentAtEnactment |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| prohibited |
commercial banks from underwriting most securities
ⓘ
investment banks from taking deposits ⓘ |
| purpose |
prevention of banking crises
ⓘ
reduction of financial speculation ⓘ separation of commercial and investment banking ⓘ |
| responseTo |
bank failures of the early 1930s
ⓘ
stock market crash of 1929 ⓘ |
| restricted |
affiliations between commercial banks and securities firms
ⓘ
securities activities of commercial banks ⓘ |
| separated |
commercial banking
ⓘ
investment banking ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| sponsor | Carter Glass ⓘ |
| title | Glass–Steagall Act self-link ⓘ |
| yearEnacted | 1933 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Subject: Glass–Steagall Act Description of subject: The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
Referenced by (31)
Full triples — surface form annotated when it differs from this entity's canonical label.