For instance, the emergence of large US investment banks, also with dependencies in Europe, is a direct consequence from the implementation of this Act. The Act also affected the supervision of banks worldwide.
As you know, both the Federal Reserve and the Bank of England have long-run goals of price stability and sustainable growth. To achieve these goals, these central banks take an active interest in all the factors that affect economic performance, including business and consumer confidence, economic growth abroad, the foreign exchange value of the dollar, fiscal policy, and so on.