DE SR8

Urges the U.S. Congress to reinstate the separation of commercial and investment banking functions that were in effect under the Glass-Steagall Act of 1933.

Asserts that the repeal of Glass-Steagall in 1999 partially contributed to the greatest speculative bubble and worldwide recession since the Great Depression, resulting in millions of home foreclosures and job losses.

References Congresswoman Marcy Kaptur's H.R. 129, known as the Return to Prudent Banking Act of 2013, which would prohibit commercial banks and bank holding companies from investing in stocks, underwriting securities, or investing in derivative transactions.

Notes widespread support for Glass-Steagall reinstatement from labor organizations, teachers' unions, economists, business leaders, and major newspapers.

Directs that copies of the resolution be sent to the President, Congressional leadership, all Delaware members of Congress, and Congresswoman Marcy Kaptur.