Sen. Warren Supports 21st Century Glass-Steagall

Sen. Warren Supports 21st Century Glass-Steagall

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a meeting involving top leaders on the Senate Banking Committee, where Gary Cohn and President Trump were present. Senator Elizabeth Warren expresses her readiness to work with Trump on reinstating a 21st-century Glass-Steagall Act. She highlights her bipartisan bill co-sponsored by John McCain, Maria Cantwell, and Angus King. The discussion includes historical context, emphasizing the importance of separating traditional banking from high-risk investment activities. Warren notes Trump's campaign support for this idea and mentions ongoing conversations with the administration, aiming to gain support for the measure.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the main topic discussed in the meeting with top leaders on the Senate Banking Committee?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who are the co-sponsors of the bipartisan bill mentioned by Senator Elizabeth Warren?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical context does Senator Warren provide regarding the Glass-Steagall Act?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Senator Warren describe the relationship between banking and high-risk gambling?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential benefits of separating traditional banking from investment banking according to Senator Warren?

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