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It still might; Matt O'Brien updates the Depression story here.
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For two decades Washington has tried and failed to update the Depression-era laws governing the rapidly changing financial services industry.
Mr. D'Amato has been under pressure from Wall Street, insurers and some big banks to try to rush a bill through the Senate this year and end a decades-long stalemate in Congress over updating the Depression-era laws that erected barriers between banks, brokerage firms and insurers.
The "fireside" reference harks back to the weekly radio-broadcast "fireside chats" that Roosevelt held to keep American citizens updated during the Depression and the second world war.
The Volcker rule was conceived as an update to the Depression-era Glass-Steagall law, which banned traditional banks from engaging in risky, high-stakes securities ventures, which became the domain of investment banks, hedge funds and other firms that didn't rely on federal support.
Secondly, as there was a substantially more limited evidence base for people with depression and chronic physical health problems, the guideline development group considered the evidence from the depression in adults (update) group and extrapolated on the basis of this evidence when considered appropriate.
19 The depression in adults guideline 9 also updates recommendations for the treatment of depression included in a NICE technology appraisal of electroconvulsive therapy 20 and in a NICE review of its earlier technology appraisal of computerised cognitive behavioural therapy for depression and anxiety.
This article is adapted from a new final chapter that updates "The Noonday Demon: An Atlas of Depression," which will be published this week by Scribner.
First conceived during the Depression, the bill has since become a fixture of American policy-making, updated and renewed and haggled over every five years or so.
The depression.
The Depression was encroaching.
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