Tom Rice actually said...

"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..."

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

"Thank you, Ms. Chu."

"Can we translate that an increased presence of the Federal Government in the banking system through Dodd-Frank has led to a reduction in jobs?"