Did Democrats create those? Because, as I recall, the CFMA was voted for twice by one Bernie Sanders, whose progressive caucus colleagues voted against it, and Republican Senator Phil Gramm took the lead in the Senate as Chair of the Banking Committee on it’s passage. That bill had way more to with the collapse than Glass-Steagal repeal ever did. He also took the lead on Gramm-Rudman-Bliley (all Republicans), which only had 1 Democratic yes vote in the Senate. The conference report on that bill passed with 2/3rds majorities in both houses after regulatory changes to it though, remember? What were those changes, and why were they put into place? And did that bill actually do anything that the Fed, since the 1980s, hadn’t already permitted? That’s the one that repealed Glass-Steagal as I recall, right?
Eh, this stuff is complicated, let’s just yell at the Democrats.