The Financial Modernization Act – British Influence and Big Bank Power Plays

from Money Moments: The Financial Modernization Act – British Influence and Big Bank Power Plays

In our debut episode, we uncover the hidden story behind the Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act. Was it a simple act of deregulation, or was there a more powerful hand at play? We explore how British banks and international financial interests may have influenced U.S. lawmakers to reshape the rules in favor of the big players. Join Mario as he breaks down how this act changed the financial world—and set the stage for future chaos.

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This episode is 2 minutes long.

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This episode was published on October 16, 2024.

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