Glass–Steagall Act

E1713
United States federal law banking regulation

The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.

Try in SPARQL Jump to: Surface forms Statements Referenced by

All labels observed (7)

Label Occurrences
Glass–Steagall Act canonical 15
Banking Act of 1933 8
Glass–Steagall Act of 1933 3

Statements (46)

Predicate Object
instanceOf United States federal law ⓘ
banking regulation ⓘ
abbreviation Federal Deposit Insurance Corporation ⓘ
surface form: FDIC
aimedAt stabilizing the U.S. banking system ⓘ
alsoKnownAs Glass–Steagall Act ⓘ
surface form: Banking Act of 1933
associatedWith financial stability policies ⓘ
category Great Depression ⓘ
surface form: Great Depression in the United States

New Deal ⓘ
surface form: New Deal in the United States

United States banking legislation ⓘ
componentOf New Deal legislation ⓘ
context Great Depression ⓘ
coSponsor Henry B. Steagall ⓘ
country United States of America ⓘ
surface form: United States
created Federal Deposit Insurance Corporation ⓘ
debatedRegarding relevance after late 20th century deregulation ⓘ
role in preventing financial crises ⓘ
depositInsuranceCoverageInitial $2,500 ⓘ
enactedIn United States Congress ⓘ
field banking law ⓘ
financial regulation ⓘ
influenced global approaches to bank separation ⓘ
subsequent U.S. banking regulation ⓘ
inForceForDecades yes ⓘ
introducedDepositInsurance yes ⓘ
jurisdiction United States government ⓘ
surface form: United States federal government
keyProvision creation of federal deposit insurance ⓘ
separation of commercial and investment banking activities ⓘ
longTermEffect restructuring of U.S. banking industry ⓘ
namedAfter Carter Glass ⓘ
Henry B. Steagall ⓘ
presidentAtEnactment President Franklin D. Roosevelt ⓘ
surface form: Franklin D. Roosevelt
prohibited commercial banks from underwriting most securities ⓘ
investment banks from taking deposits ⓘ
purpose prevention of banking crises ⓘ
reduction of financial speculation ⓘ
separation of commercial and investment banking ⓘ
responseTo bank failures of the early 1930s ⓘ
stock market crash of 1929 ⓘ
restricted affiliations between commercial banks and securities firms ⓘ
securities activities of commercial banks ⓘ
separated commercial banking ⓘ
investment banking ⓘ
signedBy President Franklin D. Roosevelt ⓘ
surface form: Franklin D. Roosevelt
sponsor Carter Glass ⓘ
title Glass–Steagall Act self-link ⓘ
yearEnacted 1933 ⓘ

Referenced by (31)

Full triples — surface form annotated when it differs from this entity's canonical label.

New Deal → hasPart → Glass–Steagall Act ⓘ
Emergency Banking Act → relatedTo → Glass–Steagall Act ⓘ
this entity surface form: Glass–Steagall Act of 1933
Great Depression → hasKeyEvent → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933
Great Depression → hasKeyEvent → Glass–Steagall Act ⓘ
Hundred Days → hasKeyLegislation → Glass–Steagall Act ⓘ
subject surface form: Hundred Days (FDR)
this entity surface form: Glass–Steagall Act of 1933
Hundred Days → hasKeyLegislation → Glass–Steagall Act ⓘ
subject surface form: Hundred Days (FDR)
this entity surface form: Banking Act of 1933
Glass–Steagall Act → alsoKnownAs → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933
Glass–Steagall Act → title → Glass–Steagall Act self-link ⓘ
Home Owners' Loan Act of 1933 → relatedTo → Glass–Steagall Act ⓘ
73rd United States Congress → enacted → Glass–Steagall Act ⓘ
73rd United States Congress → enacted → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933
Federal Deposit Insurance Corporation → foundedByStatute → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933
Federal Reserve Act of 1913 → amendedBy → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933
Banking Act of 1935 → followed → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933
Banking Act of 1935 → relatedTo → Glass–Steagall Act ⓘ
Wall Street Crash of 1929 → influenced → Glass–Steagall Act ⓘ
Carter Glass → notableWork → Glass–Steagall Act ⓘ
Herbert Hoover administration → notableLegislation → Glass–Steagall Act ⓘ
this entity surface form: Glass–Steagall Act of 1932
Gramm-Leach-Bliley Act of 1999 → repealsPartOf → Glass–Steagall Act ⓘ
this entity surface form: Glass-Steagall Act
Henry B. Steagall → notable work → Glass–Steagall Act ⓘ
Henry B. Steagall → coauthor → Glass–Steagall Act ⓘ
Regulation Q → legalBasis → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933
Regulation Q → legalBasis → Glass–Steagall Act ⓘ
Regulation Q → introducedAs → Glass–Steagall Act ⓘ
this entity surface form: Section 11 of the Banking Act of 1933
Chairman of the Federal Deposit Insurance Corporation → createdBy → Glass–Steagall Act ⓘ
this entity surface form: Banking Act of 1933 (establishing FDIC)
Bank Holding Company Act of 1956 → relatedTo → Glass–Steagall Act ⓘ
New Deal Democrat → supportsProgram → Glass–Steagall Act ⓘ
Steagall → coAuthored → Glass–Steagall Act ⓘ
subject surface form: Henry B. Steagall
Steagall → associatedWith → Glass–Steagall Act ⓘ
Public Law 106-102 → repealsPartOf → Glass–Steagall Act ⓘ
this entity surface form: Glass-Steagall Act
McFadden Act of 1927 → relatedTo → Glass–Steagall Act ⓘ
this entity surface form: Glass–Steagall Act of 1933