Word: repealed
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Dates: during 1990-1999
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...expand their dealings in Wall Street securities. Testifying to the House Banking Committee today, Greenspan said limited stock and bond dealings by banks so far have proven they can properly manage market risks without endangering federally insured deposits. Greenspan praised committee chairman Jim Leach's (R-Iowa) plan to repeal major provisions of the Depression-era Glass Steagall Act, which bans banks from dealing in securities. Some banks have used a loophole to engage in limited securities underwriting since the late1980s. Leach, the Clinton Administration and Sen. Alfonse D'Amato (R-N.Y.) have put together somewhat similar proposals...
Brushing aside threats of a presidential veto, House Republicans passed the most controversial portion of their rewrite of last year's Crime Bill (not including, that is, a possible repeal of the assault-weapons ban). By a vote of 238 to 192, the House scrapped a $13 billion outlay for new police officers and crime-prevention programs in favor of doling out $10 billion worth of block grants that communities could spend as they saw fit. Some Senate Republicans-worried that voting down money earmarked for police might not play too well to the public-indicated the measure might...
...Clinton Administration proposed sweeping changes in the nation's banking system that would permit commercial banks to sell insurance and underwrite securities. Treasury Secretary Robert Rubin outlined the new proposal, which would allow banks to "affiliate" with Wall Street firms, insurance companies and other financial service providers. It would repeal several federal restrictions, including the Depression-era Glass Steagall Act, which forbids banks from underwriting securities or selling insurance. Banks for years have been seeking a repeal of Glass-Steagall. Their efforts were blocked by Rep. John Dingell (D-Mich.), who chaired the House Energy and Commerce Committee until...
Taking guns away from citizens won't take all the guns away from hardened criminals, but domestic crime doesn't usually involve those particular culprits. Canada's new laws have the security of its citizens most at heart. At a time when Congressional representatives are considering a repeal of parts of the Brady Bill, firm resolve on gun control is crucial. The U.S. should have the courage to follow our northern neighbors' wise example...
...exceptional $3.2 million to support gun-friendly candidates. Almost all those it supported won, including 10 new Senators. Though the Republican leadership is in no mood to bring up an issue as divisive as gun control now, Newt Gingrich has promised the N.R.A. a chance later this year to repeal the assault-weapon ban that passed the Senate last year by only two votes. If that works, a push to repeal Brady could be next, though the odds of repealing it are far longer...