---
title: "Meaning & Key Takeaway of: The administration will look at…"
description: "\"The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as part of regulatory reform.\" — Steve Mnuchin"
image: "https://sms4smile.com/quotes/i/8db/steve-mnuchin-9731_look_the-administration-will-look-at-glass-st_2079925.jpg"
---

#  The administration will look at Glass-Steagall and what I…

![“The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as part of regulatory reform.” quote by Steve Mnuchin](https://sms4smile.com/quotes/i/8db/steve-mnuchin-9731_look_the-administration-will-look-at-glass-st_2079925.jpg)   [Download](https://sms4smile.com/quotes/i/8db/steve-mnuchin-9731_look_the-administration-will-look-at-glass-st_2079925.jpg) [Open image](https://sms4smile.com/quotes/i/8db/steve-mnuchin-9731_look_the-administration-will-look-at-glass-st_2079925.jpg)

> “The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as part of regulatory reform.”

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

He suggests revisiting historic banking separations to guide modern regulatory updates.

**In simple terms:** Consider old rules for today’s finance.

Key Takeaway

Use past frameworks to shape future policy.

Themes

regulation finance history

Mood

cautious analytical

Type

policy financial

When to use this quote

- legislative drafting
- financial oversight
- bank restructuring

Key Concepts

banking law policy reform

Questions to Reflect On

- How can historic principles be adapted to digital banking?
- What risks arise from applying old rules to new tech?

A Different Perspective

Modern markets differ vastly from the 1930s, limiting direct applicability.

★ ★ ★ ★ ★   No ratings yet

[Management](https://sms4smile.com/quotes/about/management/) [Reform](https://sms4smile.com/quotes/about/reform/)

## Related quotes

> [Regulatory reform is my agenda. I intend to thoroughly work on this.](https://sms4smile.com/quotes/yoshihide-suga/regulatory-reform-is-my-agenda-i-intend-to-thoroughly-work-on-this/)

[Yoshihide Suga](https://sms4smile.com/quotes/author/yoshihide-suga/)

> [There are over 170,000 pages of regulations in Washington, D.C. I want to streamline the rules in the federal government to basically allow businesses…](https://sms4smile.com/quotes/jason-t-smith/there-are-over-170-000-pages-of-regulations-in-washington-d-c-i-want/)

[Jason T. Smith](https://sms4smile.com/quotes/author/jason-t-smith/)

> [I will make utmost efforts to conduct regulatory reform by tearing down bureaucratic sectionalism, vested interests and notorious habit of following precedents.](https://sms4smile.com/quotes/yoshihide-suga/i-will-make-utmost-efforts-to-conduct-regulatory-reform-by-tearing/)

[Yoshihide Suga](https://sms4smile.com/quotes/author/yoshihide-suga/)

> [Today, we are announcing that agencies are releasing their final regulatory reform plans, including hundreds of initiatives that will reduce costs, simplify the system,…](https://sms4smile.com/quotes/cass-sunstein/today-we-are-announcing-that-agencies-are-releasing-their-final/)

[Cass Sunstein](https://sms4smile.com/quotes/author/cass-sunstein/)

> [I don't support going back to Glass-Steagall as is.](https://sms4smile.com/quotes/steve-mnuchin/i-don-t-support-going-back-to-glass-steagall-as-is/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [I thought that ending Glass-Steagall was a mistake.](https://sms4smile.com/quotes/john-gutfreund/i-thought-that-ending-glass-steagall-was-a-mistake/)

[John Gutfreund](https://sms4smile.com/quotes/author/john-gutfreund/)

> [The 21st Century Glass-Steagall Act will reestablish a wall between commercial and investment banking, make our financial system more stable and secure, and protect…](https://sms4smile.com/quotes/elizabeth-warren/the-21st-century-glass-steagall-act-will-reestablish-a-wall-between/)

[Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/)

> [This country, of course, needs fundamental reform of our financial regulatory system, as I, and many other financial institution executives, have publicly advocated for…](https://sms4smile.com/quotes/stephen-a-schwarzman/this-country-of-course-needs-fundamental-reform-of-our-financial/)

[Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/)

> [My administration's policies on regulatory reform, tax reform, trade policies, will return significant manufacturing jobs to our country.](https://sms4smile.com/quotes/donald-trump/my-administration-s-policies-on-regulatory-reform-tax-reform-trade/)

[Donald Trump](https://sms4smile.com/quotes/author/donald-trump/)

> [I think the work on tax reform, the work that's being done on regulatory reform is very important. And just having a seat at…](https://sms4smile.com/quotes/dennis-muilenburg/i-think-the-work-on-tax-reform-the-work-that-s-being-done-on/)

[Dennis Muilenburg](https://sms4smile.com/quotes/author/dennis-muilenburg/)

> [Everyone just considers regulatory reform in terms of market fundamentalism, competition and survival of the fittest. That's the problem with our past thinking on…](https://sms4smile.com/quotes/fumio-kishida/everyone-just-considers-regulatory-reform-in-terms-of-market/)

[Fumio Kishida](https://sms4smile.com/quotes/author/fumio-kishida/)

> [Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society.](https://sms4smile.com/quotes/joseph-stiglitz/regulatory-reform-must-move-beyond-limiting-the-damage-that-the/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

> [I think we're fooling ourselves if we think that regulators are going to be able to outsmart the bankers. So, the task of designing…](https://sms4smile.com/quotes/robert-f-engle/i-think-we-re-fooling-ourselves-if-we-think-that-regulators-are-going/)

[Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/)

> [Financial regulatory reform is one of the top legislative priorities of the Obama Administration.](https://sms4smile.com/quotes/valerie-jarrett/financial-regulatory-reform-is-one-of-the-top-legislative-priorities/)

[Valerie Jarrett](https://sms4smile.com/quotes/author/valerie-jarrett/)

> [What we're going to do is redouble our efforts on financial regulatory reform, because that has in it sensible things like say on pay,…](https://sms4smile.com/quotes/christina-romer/what-we-re-going-to-do-is-redouble-our-efforts-on-financial/)

[Christina Romer](https://sms4smile.com/quotes/author/christina-romer/)

## More by Steve Mnuchin

> [I earnestly feel terrible for any mistakes at the bank.](https://sms4smile.com/quotes/steve-mnuchin/i-earnestly-feel-terrible-for-any-mistakes-at-the-bank/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [My No. 1 priority is growth in the economy. Tax reform will be our first and most important part of that.](https://sms4smile.com/quotes/steve-mnuchin/my-no-1-priority-is-growth-in-the-economy-tax-reform-will-be-our/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [I have been maligned as taking advantage of others' hardship in order to make a buck. Nothing could be further from the truth.](https://sms4smile.com/quotes/steve-mnuchin/i-have-been-maligned-as-taking-advantage-of-others-hardship-in-order/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [As treasury secretary, I don't see it as my role commenting on the dollar in short-term movements.](https://sms4smile.com/quotes/steve-mnuchin/as-treasury-secretary-i-don-t-see-it-as-my-role-commenting-on-the/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [I have very good friends on Wall Street.](https://sms4smile.com/quotes/steve-mnuchin/i-have-very-good-friends-on-wall-street/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [Proprietary trading does not belong in banks with FDIC insurance.](https://sms4smile.com/quotes/steve-mnuchin/proprietary-trading-does-not-belong-in-banks-with-fdic-insurance/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to…](https://sms4smile.com/quotes/steve-mnuchin/we-ve-been-in-the-business-of-regional-banking-and-we-understand-what/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [I've had several different careers.](https://sms4smile.com/quotes/steve-mnuchin/i-ve-had-several-different-careers/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [Look, there is no question the Hollywood crowd predominantly supports Democrats. But within Los Angeles, there's a big community, and there's a large community…](https://sms4smile.com/quotes/steve-mnuchin/look-there-is-no-question-the-hollywood-crowd-predominantly-supports/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [I have given to Democrats in the past. I've always believed in supporting the best candidate at the time.](https://sms4smile.com/quotes/steve-mnuchin/i-have-given-to-democrats-in-the-past-i-ve-always-believed-in/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [I don't support going back to Glass-Steagall as is.](https://sms4smile.com/quotes/steve-mnuchin/i-don-t-support-going-back-to-glass-steagall-as-is/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [Our most important priority is sustained economic growth, and I think we can absolutely get to sustained 3% to 4% GDP, and that is…](https://sms4smile.com/quotes/steve-mnuchin/our-most-important-priority-is-sustained-economic-growth-and-i-think/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [Trump has a pro-economic-growth tax plan, and we are sensitive to the cost of that plan.](https://sms4smile.com/quotes/steve-mnuchin/trump-has-a-pro-economic-growth-tax-plan-and-we-are-sensitive-to-the/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [Any time I hear 'border adjustment,' I don't love it. Because usually it means we're going to get adjusted into a bad deal.](https://sms4smile.com/quotes/steve-mnuchin/any-time-i-hear-border-adjustment-i-don-t-love-it-because-usually-it/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

> [The way to reduce the debt is by economic growth.](https://sms4smile.com/quotes/steve-mnuchin/the-way-to-reduce-the-debt-is-by-economic-growth/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

[Explore all 70 Steve Mnuchin quotes ](https://sms4smile.com/quotes/author/steve-mnuchin/)

## More Look quotes

> [The World Is Perfect, But It Depends How You Look At.](https://sms4smile.com/quotes/maria/the-world-is-perfect-but-it-depends-how-you-look-at/)

[Maria](https://sms4smile.com/quotes/author/maria/)

> [Do I look like a fool to you](https://sms4smile.com/quotes/tamika-leeigh/do-i-look-like-a-fool-to-you/)

[Tamika-leeigh](https://sms4smile.com/quotes/author/tamika-leeigh/)

> [If you want to edit your photos and make yourself look different, go for it. That is up to you, but in my opinion,…](https://sms4smile.com/quotes/peyton-list/if-you-want-to-edit-your-photos-and-make-yourself-look-different-go/)

[Peyton List](https://sms4smile.com/quotes/author/peyton-list/)

> [It's those moments, those odd moments that you look for and sometimes by creating this kind of loose atmosphere you find those little moments…](https://sms4smile.com/quotes/barry-levinson/it-s-those-moments-those-odd-moments-that-you-look-for-and-sometimes/)

[Barry Levinson](https://sms4smile.com/quotes/author/barry-levinson/)

> [Leo, Cristiano Ronaldo, Neymar, Eden. Every year, you look at their numbers - score goals, assists, minutes - to see they play very well.](https://sms4smile.com/quotes/pedro/leo-cristiano-ronaldo-neymar-eden-every-year-you-look-at-their/)

[Pedro](https://sms4smile.com/quotes/author/pedro/)

> [I understand it's promotion, but no one ever gave me a chance. No one ever thought I'd be the champ, and look where I'm…](https://sms4smile.com/quotes/stipe-miocic/i-understand-it-s-promotion-but-no-one-ever-gave-me-a-chance-no-one/)

[Stipe Miocic](https://sms4smile.com/quotes/author/stipe-miocic/)

> [I'm tired of looking for the perfect guy. From now on.. he can look for me.](https://sms4smile.com/quotes/anonymous/i-m-tired-of-looking-for-the-perfect-guy-from-now-on-he-can-look-for/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [I'm not gonna squeal out that this is my 23rd retirement, my real, real retirement. But you know there comes a time where you…](https://sms4smile.com/quotes/terry-funk/i-m-not-gonna-squeal-out-that-this-is-my-23rd-retirement-my-real-real/)

[Terry Funk](https://sms4smile.com/quotes/author/terry-funk/)

> [I'm very used to working with first time actors - you can just look back at 'E.T.' with Drew Barrymore, and Christian Bale from…](https://sms4smile.com/quotes/steven-spielberg/i-m-very-used-to-working-with-first-time-actors-you-can-just-look/)

[Steven Spielberg](https://sms4smile.com/quotes/author/steven-spielberg/)

> [That's one of my idols, I really look up to Pacquiao. This guy is everything I would want to be.](https://sms4smile.com/quotes/ryan-garcia/that-s-one-of-my-idols-i-really-look-up-to-pacquiao-this-guy-is/)

[Ryan Garcia](https://sms4smile.com/quotes/author/ryan-garcia/)

> [What I'd look for are roles in which the heroine's character has substance rather than just glamour.](https://sms4smile.com/quotes/radhika-pandit/what-i-d-look-for-are-roles-in-which-the-heroine-s-character-has/)

[Radhika Pandit](https://sms4smile.com/quotes/author/radhika-pandit/)

> [If you look at the charts every year, there may be five or ten memorable songs from each year.](https://sms4smile.com/quotes/randy-jackson/if-you-look-at-the-charts-every-year-there-may-be-five-or-ten/)

[Randy Jackson](https://sms4smile.com/quotes/author/randy-jackson/)

> [Look at music for what it's worth around the world and not just America. In other countries, people are still buying CDs and going…](https://sms4smile.com/quotes/snoop-dogg/look-at-music-for-what-it-s-worth-around-the-world-and-not-just/)

[Snoop Dogg](https://sms4smile.com/quotes/author/snoop-dogg/)

> [“do i look like i can't hear you?”](https://sms4smile.com/quotes/tanenbaum/do-i-look-like-i-can-t-hear-you/)

Tanenbaum

> [I don't know what successful journaling really looks like... I think it really does look so different for everyone who does it, I'm always…](https://sms4smile.com/quotes/gracie-abrams/i-don-t-know-what-successful-journaling-really-looks-like-i-think-it/)

[Gracie Abrams](https://sms4smile.com/quotes/author/gracie-abrams/)

Browse all 19,477 Look quotes

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as part of regulatory reform.",
            "creator": {
                "@type": "Person",
                "name": "Steve Mnuchin"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/steve-mnuchin/the-administration-will-look-at-glass-steagall-and-what-i-referred-to/",
            "about": {
                "@type": "Thing",
                "name": "Look"
            },
            "@id": "https://sms4smile.com/quotes/steve-mnuchin/the-administration-will-look-at-glass-steagall-and-what-i-referred-to/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/8db/steve-mnuchin-9731_look_the-administration-will-look-at-glass-st_2079925.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/8db/steve-mnuchin-9731_look_the-administration-will-look-at-glass-st_2079925.jpg",
                "url": "https://sms4smile.com/quotes/i/8db/steve-mnuchin-9731_look_the-administration-will-look-at-glass-st_2079925.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“The administration will look at Glass-Steagall and what I referred to as the 21st-century Glass-Steagall as…” — Steve Mnuchin",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Steve Mnuchin",
                    "item": "https://sms4smile.com/quotes/author/steve-mnuchin/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "The administration will look at Glass-Steagall...",
                    "item": "https://sms4smile.com/quotes/steve-mnuchin/the-administration-will-look-at-glass-steagall-and-what-i-referred-to/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/steve-mnuchin/the-administration-will-look-at-glass-steagall-and-what-i-referred-to/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
