What is the United States Congressional act, enacted in 1933 and repealed in 1999, which prevented financial firms from being both commercial banks and investment banks?

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The Glass-Steagall Act, also known as the Banking Act of 1933, separated commercial banks and investment banks to prevent conflicts of interest and unstable financial practices. It was repealed in 1999 with the passage of the Gramm-Leach-Bliley Act, leading to increased consolidation in the financial industry and contributing to the 2008 financial crisis.

What Is the United States Congressional Act, Enacted in 1933