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Rubin Seeks Bank Reform Expanding Financial Services Scope
The Clinton administration proposes bank reforms to allow banks to affiliate with Wall Street firms and sell insurance and underwrite securities. The plan mirrors Leach’s bill in backing repeal of Glass Steagall, aiming to broaden financial services amid bipartisan talks.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Congress
White House
Senate Banking Committee
Alfonso M. D’amato
Rn.y
Treasury
Robert Rubin
D’amato
House Banking Committee
Jim Leach
Iowa
Federal Reserve Board
Alan Greenspan
Rubin
Wall Street