Roger Williams

This proposal is using the bank failures from earlier this year as a weak justification for this partisan rewrite of bank capital regulations without considering their impact.

Well, the fact of the matter is--let the competition work and let the consumer drive it, not the federal government.

We cannot except small business owners whose resources are already stretched thin to handle increased costs and manhours that have come with increased regulations.

Inflation is at a record high. Supply chain disruptions leaving stores shelves empty. Worker shortages that are hindering business operations.

As a small business owner for over 52 years I can tell you that the Biden administration is completely out of touch with Main Street America.

The government does not understand if we make money we do not save money; we spend money. And that is why we need this.

Implementing additional regulatory capital requirements will slow economic growth and hinder financial institutions' ability to lend.

These proposed changes will dramatically affect the banking community, and there is concern that the revisions will have broad impacts on small businesses' ability to access reliable credit and increase overall borrowing costs.

The introduction of the new Basel III rule would be disastrous for our primary job creators.

Access to capital has remained a top concern for small business owners.

There is no doubt small businesses are the backbone of our communities and the engines of our economy.

We must hold China accountable for their abuse of the financial sector.

Our lack of information on China's economy and the CCP's continued abuse of the system in place has jeopardized our national economic security.

There is no question that China is a hostile nation towards the United States and that their goal is to weaken our country in any way possible.

The United States' agricultural sector plays a vital role in our national security, and this sector contributes significantly to our economic stability, and is responsible for our nation's food security.

We need to streamline the SBA. We need fewer regulations. We need to bring inflation down.

D.C. can create a job but it cannot create net worth.

I think one thing I hope you recognized with this Committee, you do not see it on TV when you watch Washington but I think you can see there are things we agree on, that these hearings can be bipartisan.

But one thing is certain; main street is resilient and ready. And I have always said that small business owners will do whatever they can to survive and are willing to make tough decisions in order to keep doing what they love.

Free markets are--the start of business America is what the country was built on.

Competition will drive prices down, services up every time, won't it?

A lot of fix to this is competition.

Well, you have heard today this past administration has imposed $375 billion worth of regulations on small businesses.

So, far too often, consolidation decreases quality of care, eliminates competition, which increases costs, and removes the possibility of physicians owning their own business.

We have seen how stifling regulations can suffocate any small business, especially those in healthcare.