Statements (53)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:affects |
limited speculative investments by banks
|
| gptkbp:amended_by |
various amendments over the years
|
| gptkbp:associated_with |
gptkb:Franklin_D._Roosevelt
|
| gptkbp:banking_crisis |
aimed to prevent future banking crises
|
| gptkbp:banking_industry |
transformed the banking industry in the U. S.
|
| gptkbp:banking_legislation |
one of the most significant banking legislations in U. S. history
|
| gptkbp:banking_reform |
a key component of banking reform efforts
part of broader banking reforms |
| gptkbp:banking_separation |
established clear boundaries between banking sectors
|
| gptkbp:banking_structure |
changed the structure of the banking industry.
|
| gptkbp:conflict |
aimed to mitigate the effects of financial crises
|
| gptkbp:controversy |
debate over its repeal
|
| gptkbp:criticism |
seen as overly restrictive by some economists
|
| gptkbp:date_enacted |
1933-06-16
|
| gptkbp:economic_impact |
reduced bank failures
|
| gptkbp:economic_policy |
part of broader economic policy reforms
|
| gptkbp:enacted_by |
gptkb:United_States_Congress
|
| gptkbp:enforces |
gptkb:Federal_Reserve
|
| gptkbp:financial_stability |
contributed to post-war economic growth
promoted financial stability in the U. S. |
| gptkbp:financials |
changed banking practices for decades
created a more stable financial system increased public awareness of banking issues limited certain financial innovations reshaped the financial system in the U. S. |
| gptkbp:historical_context |
response to stock market crash of 1929
|
| gptkbp:historical_debate |
debate over its effectiveness
|
| gptkbp:historical_impact |
had a lasting impact on U. S. banking policy
|
| gptkbp:historical_significance |
restored public confidence in banks
|
| https://www.w3.org/2000/01/rdf-schema#label |
Glass-Steagall Act of 1933
|
| gptkbp:impact |
increased banking stability
|
| gptkbp:includes_provisions_for |
prohibition of bank affiliations with securities firms
establishment of the Federal Deposit Insurance Corporation |
| gptkbp:influenced_by |
gptkb:Great_Depression
|
| gptkbp:is_implemented_in |
implemented by the Federal Reserve
|
| gptkbp:key_figures |
gptkb:Henry_B._Steagall
gptkb:Carter_Glass |
| gptkbp:legacy |
calls for reinstatement after financial crises
|
| gptkbp:legislation |
gptkb:Dodd-Frank_Act
gptkb:Banking_Act_of_1935 |
| gptkbp:modern_relevance |
financial crisis of 2007-2008
|
| gptkbp:part_of |
gptkb:New_Deal_legislation
|
| gptkbp:provides_oversight_for |
enhanced financial oversight of banks
|
| gptkbp:public_reaction |
generally positive at the time
|
| gptkbp:purpose |
separate commercial and investment banking
|
| gptkbp:regulatory_compliance |
introduced new banking regulations
set a precedent for future financial regulation |
| gptkbp:related_to |
gptkb:financial_regulation
|
| gptkbp:repealed_by |
gptkb:Gramm-Leach-Bliley_Act
|
| gptkbp:bfsParent |
gptkb:Carter_Glass
gptkb:America's_Great_Depression |
| gptkbp:bfsLayer |
6
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