The unlikely reformer: Carter Glass and financial regulation – AEI – American Enterprise Institute: Freedom, Opportunity, Enterprise5th May 2019
Carter Glass was among the most influential politicians of his time. From 1903 until the early 1940s, he took a lead role in every financial legislative debate. As congressman, secretary of Treasury, and a US senator, he was instrumental in founding both the Federal Reserve and the Securities and Exchange Commission. In his namesake Glass-Stegall Act, he created federal deposit insurance and separated commercial and investment banking. Although often highly critical of New Deal programs, he was also central to the passage of New Deal financial reforms.
In his new biography of Carter Glass, Matthew Fink recounts the life, times, and accomplishments of this outstanding and colorful statesman. Join AEI for a discussion with Mr. Fink and an expert panel on his new book. A wine and cheese reception will follow.
Join the conversation on social media by following @AEI and @AEIecon on Twitter and Facebook.
If you are unable to attend, we welcome you to watch the event live on this page. Full video will be posted within 24 hours.