And then our rule is that something went wrong. When it's bureaucrats asleep at the wheel, what we do is pass more regulations so that the small banks that we have in our communities can't lend. They're the ones who get audited five times in less than a year. What about the same application to the big banks? Where is that equal aspect to the law?
Paul Gosar: “And then our rule is that something went wrong. When it's bureaucrats asleep at the wheel, what we do is pass more…”
Editor's note · Context
The speaker is addressing the impact of regulations on small banks compared to large banks.
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