Judy Chu actually said...

"While this legislation was primarily directed at the largest financial firms, we often hear that small banks are impacted primarily due to the high cost for compliance."

"These entities should not be forced to carry the burden of new regulations."

"In fact, according to the Thomson Reuters/PayNet Small Business Lending Index, access to credit has continued to improve for small businesses, reaching its highest level ever in June 2015."

"It is my pleasure to introduce Ms. Julia Gordon, senior director of Housing and Consumer Finance at the Center for American Progress."