If banks have only maintained the 12 percent trend that is already occurring, they can lock-in on an interest rate of 1 percent.
Now, perhaps more than ever, we will rely on small business to lead us out of our continued economic morass as they have done time and time ...
We have got to turn this economy around. We have to create jobs, and I know that we created 244,000 jobs last month.
But with the threshold you are using as a standard, they only have to increase lending by 2.5 percent.
The Administration opposed direct lending as well. It essentially did not want the government to become a bank.
As Ranking Member of this Committee, I certainly know firsthand that there is no more urgent imperative than job creation in our country.
What is your response to that? ... we want to make sure that smaller entities, smaller businesses, are having access to these loans?
We share your concerns about ensuring that every investment made in an institution is done so in an institution that is healthy.
What I was saying earlier in my opening comments about TARP refinancing is that ultimately, what it suggests is that there is going to be mi...
The objective is not to assist the TARP recipients, but the net effect is that it is happening.
I think there's also larger risk accompanying this because of the fraudulent nature of things.