President Reagan's nominee for Associate Justice of the Supreme Court, Robert Bork, found his nomination defeated in the Senate. His name subsequently became a verb, meaning 'to attack or defeat a nominee unfairly through an organized campaign of harsh public criticism or vilification'.
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In 1999, Congress repealed the 65 year old Glass-Steagall provisions, which required banks to separate investments and deposits. Critics allege this led to risky investment practices, and subsequently the 2008 financial crisis.
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