Tom Rice actually said...

"My primary focus is jobs and American competitiveness. And I truly believe that competitiveness is measured in small degrees."

"So if we are saying that, you know, small banks are declining, that historically they have had over half of the small business loans, wouldn't it be logical to assume that additional Federal regulatio..."

"So we are penalizing small banks with this additional regulation under Dodd-Frank, we are penalizing small businesses with this additional regulation under Dodd-Frank."

"Now, additional Federal regulation, whether it be Dodd-Frank or any other Federal regulation, increase compliance cost. Correct?"