Thanksgiving: Originally a spiritual, now a shopping holiday?

Nov 24, 2011 By: Jeremy Byellin

Initially invoked as a day of prayer and fasting during times of national strife, today, Thanksgiving is recognized a little bit differently.

Today in 1999: the Gramm-Leach-Bliley Act is passed by Congress

Nov 4, 2011 By: Jeremy Byellin

On November 4, 1999, Congress passed the Gramm-Leach-Bliley Act, which, for the first time since the Great Depression, allowed banks to trade in investment products.

Today in 1935: Schechter v. U.S. rules another New Deal law unconstitutional

May 27, 2011 By: Jeremy Byellin

On May 27, 1935, the U.S. Supreme Court decided Schechter v. U.S., holding that Congress has very limited authority under the Commerce Clause.