Gary Cohn Said to Favor Bringing Back Glass-Steagall Act

What is Gary Cohn's stance on the separation of investment and commercial banking?

• He opposes any separation.

• He is undecided on the matter.

• He believes in merging them further.

• He supports some form of separation.

Why is the discussion of Glass-Steagall considered striking?

• It is a very popular topic among banks.

• It could lead to the breakup of large banks.

• It is a new concept introduced by the administration.

• It has no impact on the banking industry.

What is the main challenge in implementing changes to Dodd-Frank or Glass-Steagall?

• Lack of public interest.

• No clear plan from the administration.

• Legislative hurdles in Congress.

• Insufficient support from the banking industry.

What does the administration's lack of specifics on banking reforms indicate?

• A clear and detailed plan is already in place.

• Uncertainty about how changes will be implemented.

• Complete opposition to any banking reforms.

• Immediate implementation of new regulations.

What other major issues are on Congress's agenda besides banking reforms?

• Environmental policies and education reform.

• Immigration and technology advancements.

• Foreign policy and infrastructure development.

• Tax reform, health care, and nominations.