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The Reigel-Neal Act of 1994 Repealed the McFadden Act's prohibition on interstate banking. Repealed the Glass-Steagall Act's prohibition of mergers between commercial banks and insurance
The Reigel-Neal Act of 1994 Repealed the McFadden Act's prohibition on interstate banking. Repealed the Glass-Steagall Act's prohibition of mergers between commercial banks and insurance companies. Reduced the number of institutions that are deemed "too big to fail." Defined "systematically important financial institutions
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