Political Quotes

Tom Rice: “So if we are saying that, you know, small banks are declining, that historically they have had over half of the small…”

On the recordDecember 4, 2013
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 regulation is one of the reasons why they are disappearing and small businesses are now moving to larger banks?
Said by
Tom Rice
Republican · South Carolina

Editor's note · Context

Rice suggests federal regulations contribute to the decline of small banks.

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