Joe Donnelly actually said...

"We would request there be some directive given to bank examiners in the area of cash flow lending vs. equity and collateral based lending."

"a 3- to 6-month delay would be phenomenal."

"I have joined with our Chair, Senator Toomey, in legislation so that highly rated small financial institutions qualify for an 18-month onsite examination cycle instead of the usual 12-month cycle."

"Chairman Pat Toomey and Senator Joe Donnelly have introduced legislation which would allow a highly rated bank to be examined on an 18-month cycle."