Another Nevada Campaign Features Glass-Steagall
October 16, 2012 • 4:38AM

A second national electoral battle has put Glass-Steagall up front. Yesterday LPAC reported that in the U.S. Senate race between current Rep. Shelley Berkley and the incumbent Sen. Dean Heller, Heller attacked Berkley for voting to repeal Glass-Steagall, and Berkley admitted it was a mistake. (She has not, however, signed HR 1489, and Heller has not introduced Glass-Steagall into the Senate.)

Now, a candidate for the new Congressional district in Nevada has joined the fight. Danny Tarkanian, who ran unsuccessfully for Senate in 2010 and supported Glass-Steagall during the campaign, is running against a State legislator for the Congressional seat. In a debate last night Tarkanian said that if elected he would prefer to serve on the financial services committee because it would be "a platform to push for the return of a separation between commercial and investment banking."

The Nevada National Journal reported that his opponent tried to "mock" Tarkanian's response, twice, until he was cut off by the moderator. LPAC is trying to get more on the nature of the debate.