Question

What was the repeal of the glass steagall act by congress in 1999

Answer 1

Expert Answer: Paved the way for banks to sell financial assets as stocks and bonds. Mark Brainliest Please.

Answer 2

Aftermath of the repeal of the Glass–Steagall Act. The Glass–Steagall legislation was enacted by the United States Congress in 1933 as part of the 1933 Banking Act, amended as part of the 1935 Banking Act, and most of it was repealed in 1999 by the Gramm–Leach–Bliley Act (GLBA). Hope this helps :)