With unit banking (in which all operations are carried out in self-standing offices) viewed as unstable, banks were now permitted to branch more widely. Glass-Steagall also strengthened regulators’ ability to clamp down on lending for real-estate and stock-market speculation.
不仅如此，该委员会的调查还推动了广泛的改革，其中最著名的当推《格拉斯—斯蒂格尔法案》。该法案规定，商业银行和投资银行必须分开，但并没有止步于此，还创立了联邦银行存款保险制度。由于单体银行（所有运营由自负盈亏的办公室进行）被视作不够稳定，法案允许银行多开分行。法案也加强了监管者管控放贷的能力，抑制银行贷款进入房地产和股市投机。