Political Quotes

Brad Sherman: Every time a bank is incentivized to buy that long-term debt on a securities market, that is money they can't lend to a…

On the recordNovember 14, 2023
Every time a bank is incentivized to buy that long-term debt on a securities market, that is money they can't lend to a local pizzeria.
Said by
Brad Sherman
Democratic · California

Editor's note · Context

Sherman highlights the impact of banking regulations on small business lending.

Share

More from Brad Sherman

Mar 19, 2024

We should pass a law that makes it plain that when you finance a home, the loan should include, as it does now, the amount being charged by the agents.

congress.gov
Apr 16, 2024

I would point out that many of us on this committee urged that we arm Ukraine before February 2022.

congress.gov
Mar 20, 2024

In a capitalist society, the allocation of capital is critical, and it is often a fight between Wall Street and my local pizzeria.

congress.gov

Other voices in this conversation