Political Quotes

Pat Toomey: “Even though some of them have some of the healthiest balance sheets, business models, and relationships in the entire…”

On the recordOctober 27, 2015
Even though some of them have some of the healthiest balance sheets, business models, and relationships in the entire financial sector, the fact is compliance costs, at least a portion of them, are often fixed costs.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey explains that small banks face high compliance costs despite strong financial health.

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