Congress passes laws, not the President.

The repeal passed the Senate on a near party line vote (R over D), sponsored by 3 Republicans, and passed the House will nearly all R and 2/3 of D.

Clinton could have vetoed it, though, since the Senate didn't have a two-thirds majority.

https://en.m.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93...

Of course, looking to the future from the future, a veto would likely be irrelevant since Bush took over a year and a half later.

Clinton did not oppose the repeal at all. He was a cheerleader for the process.

Here's a snippet from his signing speech.

>You heard Senator Gramm characterize this bill as a victory for freedom and free markets. And Congressman LaFalce characterized this bill as a victory for consumer protection. And both of them are right. And I have always believed that one required the other. It is true that the Glass-Steagall law is no longer appropriate for the economy in which we live.

https://www.treasury.gov/press-center/press-releases/Pages/l...

> Congress passes laws, not the President.

Indeed, what I meant to say was "under" and not "by". My bad. Too late to edit.

The repeal of the Glass-Steagall Act had bi-partisan support. Following 2008, Dodd-Frank Act was passed by Democrats, opposed by Republicans, signed into law by Obama in 2010. After multiple attempts by Republicans to repeal it, they succeeded in 2017 and 2018, without bi-partisan support, both partial repeals signed into law by Trump.

>they succeeded in 2017 and 2018,without bi-partisan support

You might want to do a little reading on the repeal of sections of Dodd Frank.

>The measure’s framework is expected to eventually pass the Senate thanks to a dozen finance-friendly and swing-state Democrats who have openly announced their co-sponsorship. With Republicans in control of the House, the bill seems destined to reach President Donald Trump’s desk this year.

https://newrepublic.com/article/147247/democrats-helping-tru...