Regulatory reform in transition: the dismantling of the Glass-Steagall Act
Article Abstract:
The banking industry's successful transition into the securities services arena could be aided by an outright repeal of the Glass-Steagall Act during 1995. This Depression-era Act's Section 20 firewall restrictions, revenue limits, and capital adequacy requirements are opposed by banks and bank holding companies. Banks have lost many corporate customers to securities firms and investment banks, but repealing Glass-Steagall could help the banking industry to compete by offering more services.
Publication Name: Administrative Law Review
Subject: Law
ISSN: 0001-8368
Year: 1995
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Campaign finance: the impact on the legislative and regulatory process
Article Abstract:
The US in 1998 stood to lose the basis of its political system if it did not enact campaign finance reform replacing private financing with public. Financial contributions to politicians, political action committees and party organizations has uprooted the US' fundamental democratic principle of one person equals one vote. As fewer people controlled America's wealth, fewer people effectively contributed in determining the country's standards for its general health and welfare.
Publication Name: Administrative Law Review
Subject: Law
ISSN: 0001-8368
Year: 1998
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Welfare-to-work: reform or rhetoric?
Article Abstract:
The 1996 Welfare Reform Act demands welfare recipients seek work and places a time limit on benefits, but does not provide the instruments of true reform or address the fundamental source of welfare problems: poverty. A high percentage of welfare recipients will gain employment through economic growth and personal skills, but welfare reform must also meet the needs of the intractably unemployed. Reform must reduce poverty by improving wages and creating more jobs.
Publication Name: Administrative Law Review
Subject: Law
ISSN: 0001-8368
Year: 1998
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