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Alexandria Ocasio-Cortez: “Which led to the downfall of the Glass-Steagall Act in the…”

Featuring: Alexandria Ocasio-Cortez, Democratic | U.S. House, New York, District 14

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Rep. AOC Speaks at TU Berlin on The Future of U.S. Politics

Published | Video Starts at 31:21

… benefit the bottom line of pharmaceutical companies or in other types of tariff agreements that you can't discriminate and you can't have laws against financial institutions that have multiple services. Which led to the downfall of the Glass-Steagall Act in the United States. which separated banks and kept them small in order to prevent what happened ultimately in 2008, where banks got too big to fail. (31:21–31:36)

CLAIM

Asserts that tariff agreements contributed to the repeal of the Glass-Steagall Act.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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