Can you please provide the statements?
Answer:
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Explanation:
The most significant long-term financial reform in the United States is the Glass-Steagall Act.
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What are FInancial Reforms?</h3>
Financial reform is the procedure of transitioning from government-regulated rates of interest to market-determined interest rates and pricing.
It is a policy initiative intended to renationalize and change the financial system in order to achieve an economic liberalization market-oriented system within an adequate regulatory framework.
The Glass-Steagall Act is one of the most significant financial reforms in the United States. This is because it enhanced bank regulation and restricted how banks invested their clients' money.
Learn more about Financial reforms here:
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