Martin O'Malley

Martin O'Malley's policies onGovernment

Immediately reinstate Glass-Steagall

The Volcker Rule, sometimes referred to as “Glass-Steagall Lite,” is excessively complex, providing too many opportunities for banks to exploit loopholes and ambiguities. O’Malley will introduce legislation to once again separate traditional banks from riskier financial services, while updating protections to account for new banking activities and prevent the new rules from being watered down. This will be one of his top priorities.

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