Brad Sherman actually said...

I want to commend the chair for his selection of the title of this hearing, which illustrates how our foreign aid budget is an important par...

The banks are not doing what we need them to do. We need them to make business loans.

We need parity for credit unions, both as to the level of depositor insurance and as to access to liquidity facilities.

Under the Current Expected Credit Losses (CECL) system, we penalize every bank, every time they make a good business loan.