On the recordMay 16, 2017
Notwithstanding these best intentions, my understanding is that the narrow scope of this rule is significantly hindering access to loans for small businesses.
Source
congress.govNotwithstanding these best intentions, my understanding is that the narrow scope of this rule is significantly hindering access to loans for small businesses.
Highlighting issues with new lending rules affecting small business loan access.
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More from Blaine Luetkemeyer
I hate this rule. I fought it from the very beginning and once it got implemented we were trying to figure out how to make it minimally impactful on our folks.
This is unbelievable. I can't get a straight answer. It took me 3 minutes to get an answer on that question.
As much as I hate that bill and hate that rule, my intention on that was to make sure we minimize the effect of this bill or this rule because it originally was a horrendous thing.