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Eight New Signers on The 21st Century Glass-Steagall Act of 2013
17 January 2014
(LPAC)—Eight Congressmen added their names as sponsors to HR 3711, the 21st Century Glass-Steagall Act of 2103, yesterday, bringing the total signers to 10. HR 3711 is the companion bill to the Senate 21st Century Glass-Steagall bill, S.1282, which was introduced by Senators Elizabeth Warren (D-Mass), Angus King (I-Me), John McCain (R-Ariz), and Maria Cantwell (D-Wash) in July of last year. Sen. Warren’s bill, which has become a major focal point of discussion and attack by Wall Street over the past six months, also has a total of 10 sponsors. Congressmen John Tierney (D-Mass) and Walter Jones (R-NC), are both signers on HR 129, the Return to Prudent Banking Act, introduced by Rep. Marcy Kaptur (D-OH) in early 2013. Kaptur’s bill, which also has a companion bill in the Senate (S. 954, sponsored by Sen. Tom Harkin), currently has a total of 78 cosponsors, including both Tierney and Jones. The new signers on HR 3711 are all Democrats: All but Rep. Delbene are also sponsoring HR 129. [NBS] |