The Gramm–Leach–Bliley Act, also known as the Financial Services Modernization Act of 1999, is an Act of the 106th United States Congress. It repealed part of the Glass–Steagall Act of 1933, removing
Sen. Phil Gramm (R–Texas), Rep. Jim Leach (R–Iowa), and Rep. Thomas J. Bliley Jr. (R–Virginia), the co-sponsors of the Gramm–Leach–Bliley Act