Press Release: Rep.Tierney Introduces Bipartisan 21st Century Glass-Steagall Legislation

Congressmen John Tierney (D-MA) and Walter Jones, (R-NC) introduced legislation today to restore Glass-Steagall banking separation. Their bill is the second introduced into the house of Representatives, the other being Marcy Kaptur’s H.R. 129, and there are two bills for Glass-Steagall now in the U.S. Senate. This bill just introduced by Tierney and Jones is a companion bill of the Senate bill presented by Senators Warren, McCain, Cantwell and King, while the other bills are not companions. We will cover this story as it develops.

The Following is the press release, issued by Congressman John Tierney, December 11th, 2013, and can be found on his website, here.

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