Although Louisiana knows better than anyone the challenges of rebuilding after a storm, the historic flooding we saw left nearly half the state under a FEMA disaster declaration, with even more parishes qualifying for SBA assistance.
Vitter highlights the impact of flooding in Louisiana and the need for assistance.
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Why isn't this crystal clear proof that an entity as big as Wells is not only too big to fail, but it is too big to manage and it is too big to regulate?
So just as an example, Wells is the biggest participant in the SBA's 7(a) loan program.
We need to get out of this cycle of slashing State funding and replacing it with tuition increases because that can't go on without limit. It really risks affordability.
We need tough new laws to hold corporate executives personally accountable, and we need tough prosecutors who have the courage to go after people at the top.
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