"Days before the act passed, Clinton's Secretary of the Treasury, Robert Rubin, resigned. As Secretary of the Treasury, Rubin had oversight over enforcing the Glass-Steagall Act. While the resignation at the time looked like Rubin had been against repealing the act, that might not be the actual story. While Rubin had been critical of repealing the Act during the early stages, a year after resigning, Rubin took a cushy job with the newly formed Citigroup as Chairman of the Executive Committee, drawing a salary of $40 million a year, a position Rubin still holds.
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