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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 8: THE SHIELD OF SCREWTAPE The Naughty Bill

"The Banking Act of 1933 effectively separated commercial banking from investment banking."

Federal Reserve History describes Glass-Steagall's central provisions as effectively separating commercial banking from investment banking and restricting close affiliations between the two.

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Source title Banking Act of 1933 (Glass-Steagall)
Source authors Julia Maues
Source year 2013
Confidence high
Importance high
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