The Glass-Steagall Act of the 1930s required U.S. banks to separate their commercial banking operations and their investment banking operations into two different entities.

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The Glass-Steagall Act of the 1930s did require U.S. banks to separate their commercial banking operations and their investment banking operations into two different entities through the establishment of a firewall between them.

The Glass-Steagall Act of the 1930s Required U