To: President Donald Trump, The United States House of Representatives, and The United States Senate
Repeal Gramm-Leach-Bliley Act
We are requesting that repeal of the Gramm-Leach-Bliley Act.
We are requesting the repeal of Commodity Futures Modernization Act of 2000 .
We are requesting the repeal of Commodity Futures Modernization Act of 2000 .
Why is this important?
The Gramm-Leach-Bliley Act, which was enacted on 11/12/1999 by than President Bill Clinton, is the genesis and cause for the banking corruption we are now experiencing in this country.
This law removed key components from the Glass-Steagall Act which was enacted on 6/6/1933 as an effective and most enduring way to ensure the integrity of our banking system.
After the enactment of the Gramm-Leach-Bliley-Act, there have been an onslaught of illicit and criminal acts perpetuated by the very banks that caused the Great Depression. These banks, with impunity, have manipulated our political leaders to do their bidding. Therefore, we are requesting the Gramm-Leach-Bliley-Act and the 74 CFTC Act are reenacted to ensure our banks are not allowed to become "too big to fail" and to enact laws to protect themselves from their crimes.
This law removed key components from the Glass-Steagall Act which was enacted on 6/6/1933 as an effective and most enduring way to ensure the integrity of our banking system.
After the enactment of the Gramm-Leach-Bliley-Act, there have been an onslaught of illicit and criminal acts perpetuated by the very banks that caused the Great Depression. These banks, with impunity, have manipulated our political leaders to do their bidding. Therefore, we are requesting the Gramm-Leach-Bliley-Act and the 74 CFTC Act are reenacted to ensure our banks are not allowed to become "too big to fail" and to enact laws to protect themselves from their crimes.