Olympia Snowe actually said...

So what could happen in terms of the 7(a) and the 504 loan programs to improve the amount, or the percentage, going to minority-owned businesses?

Senator Snowe questions how to increase loans to minority-owned businesses.

04/14/2010

More Olympia Snowe Quotes

The objective is not to assist the TARP recipients, but the net effect is that it is happening.

The Administration opposed direct lending as well. It essentially did not want the government to become a bank.

If banks have only maintained the 12 percent trend that is already occurring, they can lock-in on an interest rate of 1 percent.

What is your response to that? ... we want to make sure that smaller entities, smaller businesses, are having access to these loans?