Number two, we need to let community banks be released from some of the overbearing and unnecessary regulations in which they have to comply, because that causes them not to be able to lend money and thus small businesses are tied up in a credit crunch. Number three, we've got to let small businesses compete. We set rules. Big Business and Big Government set rules so that small businesses can't compete. There are things we can do. There are things we can do together on a bipartisan basis. We need to vote this bill down so that we can get to them.
Jack Kingston: “Number two, we need to let community banks be released from some of the overbearing and unnecessary regulations in which…”
Editor's note · Context
The speaker addresses the need for regulatory relief for community banks and support for small businesses.
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