02/07/2023
https://congress.gov...
"If there are, will anybody get terminated? Will anybody be accountable for making bad decisions that cost taxpayers?"
"But 85 percent came from the FinTechs. And I don't have a problem necessarily with FinTechs. I really have the problem with that they are not federally regulated."
"So you don't think there is going to be a so called subsidy rate impact as a result of this expansion for non federally regulated SBLCs?"
"Given all the problems the SBA had during the pandemic, we must have a serious discussion on the role the SBA should be playing in the future."