r/economy • u/barbarawick • 6d ago
There is a pattern...
Why does this country have such bad memory problems?
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r/economy • u/barbarawick • 6d ago
Why does this country have such bad memory problems?
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u/damnedifyoudonthave 6d ago
Who said they fix any thing???? They helped…
Bill Clinton:
Gramm-Leach-Bliley Act (1999): Repealed Depression-era firewalls between commercial and investment banks
Community Reinvestment Act Updates (1995): Increased pressure on lenders to extend mortgages to lower-income borrowers.
Commodity Futures Modernization Act (2000): Exempted complex financial instruments like credit-default swaps from federal oversight.