Newly minted Republican vice presidential candidate Paul Ryan voted in 1999 to repeal the Glass-Steagall Act.
Its official name is The Banking Act of 1933 (it was enacted on the 16th of June 79 years ago), but I've always heard it referred to by the hyphenated-name of its Democratic sponsors, Sen. Carter Glass of Virginia and Rep. Henry B. Steagall of Alabama.
The Glass-Steagall Act didn't make my Bankrate slideshow of eight more-recent pieces of financial legislation named after people who sponsored or inspired them.
But the namesake gallery, which is this week's Weekly Tax Tip, does feature another famously-named measure of which Ryan also is not a fan: the Dodd-Frank Act. This 2010 law is the most far-reaching overhaul of financial reform since the Great Depression.
And the GOP House Budget Committee chairman voted down another featured financial proposal popularly known by its namesakes, the Simpson-Bowles deficit reduction plan.
As a member of the commission charged by President Obama to find ways to help dig the U.S. Treasury out of its hole, Ryan argued that Simpson-Bowles didn't go far enough to overhaul health care entitlements.
Check out the full collection and if you have more name-bearing financial laws to add, please do tell by leaving a comment.
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