Quote:
Originally Posted by spence
The repeal of parts of the Glass-Sengal Act was sponsored by three Republicans. I think Clinton struck a deal that he would sign it, and the Republicans agreed to let Clinton expand the reach of the CRA. I'm not sure how this is further liberalizing the CRA though, unless you think discrimination based on where someone lives is a good thing for development.
-spence
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Phil Gramm, a democrat, was responsible for pushing this through. See my link above.