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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFormer Rep. Jim Leach (R-IA) dead at 82.
Breaking on my phone via the Des Moines Register.
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Former Rep. Jim Leach (R-IA) dead at 82. (Original Post)
RandySF
9 hrs ago
OP
Bleacher Creature
(11,450 posts)1. They don't make Republicans like him anymore.
He was a really decent and honorable guy.
pansypoo53219
(21,771 posts)2. my days of cspan. i remember him well.
dalton99a
(84,663 posts)3. Kick
https://en.wikipedia.org/wiki/Jim_Leach
James Albert Smith Leach (October 15, 1942 December 11, 2024) was an American academic and politician. He served as ninth Chair of the National Endowment for the Humanities from 2009 to 2013[1][2] and was a member of the U.S. House of Representatives from Iowa (19772007).
Leach was the John L. Weinberg Visiting Professor of Public and International Affairs at the Woodrow Wilson School of Princeton University.[3] He also served as the interim director of the Institute of Politics at Harvard Kennedy School at Harvard University from September 17, 2007, to September 1, 2008, when Bill Purcell was appointed permanent director.
Previously, Leach served 30 years (19772007) as a Republican member of the United States House of Representatives, representing Iowa's 2nd congressional district (numbered as the 1st District from 1977 to 2003). In Congress, Leach chaired the House Committee on Banking and Financial Services (19952001) and was a senior member of the House Committee on International Relations, serving as Chair of the committee's Subcommittee on Asian and Pacific Affairs (20012006).[4] He also founded and served as co-chair of the Congressional Humanities Caucus.[3] He lost his 2006 re-election bid to Democrat Dave Loebsack. Leach sponsored the 1999 GrammLeachBliley Act, a notable piece of banking legislation of the 20th century.
In 2022, Leach broke with the Republicans and registered as a Democrat.[5]
James Albert Smith Leach (October 15, 1942 December 11, 2024) was an American academic and politician. He served as ninth Chair of the National Endowment for the Humanities from 2009 to 2013[1][2] and was a member of the U.S. House of Representatives from Iowa (19772007).
Leach was the John L. Weinberg Visiting Professor of Public and International Affairs at the Woodrow Wilson School of Princeton University.[3] He also served as the interim director of the Institute of Politics at Harvard Kennedy School at Harvard University from September 17, 2007, to September 1, 2008, when Bill Purcell was appointed permanent director.
Previously, Leach served 30 years (19772007) as a Republican member of the United States House of Representatives, representing Iowa's 2nd congressional district (numbered as the 1st District from 1977 to 2003). In Congress, Leach chaired the House Committee on Banking and Financial Services (19952001) and was a senior member of the House Committee on International Relations, serving as Chair of the committee's Subcommittee on Asian and Pacific Affairs (20012006).[4] He also founded and served as co-chair of the Congressional Humanities Caucus.[3] He lost his 2006 re-election bid to Democrat Dave Loebsack. Leach sponsored the 1999 GrammLeachBliley Act, a notable piece of banking legislation of the 20th century.
In 2022, Leach broke with the Republicans and registered as a Democrat.[5]
moondust
(20,485 posts)4. Gramm-Leach-Bliley Act
1999
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It repealed part of the GlassSteagall Act of 1933, removing barriers in the market among banking companies, securities companies, and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the passage of the GrammLeachBliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies.[1] The legislation was signed into law by President Bill Clinton.[2]
~
https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act
It repealed part of the GlassSteagall Act of 1933, removing barriers in the market among banking companies, securities companies, and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the passage of the GrammLeachBliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies.[1] The legislation was signed into law by President Bill Clinton.[2]
~
https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act
Significant factor in today's corporate consolidation leading to limited competition, predatory behavior, and massive inequality.