While sufficient capital requirements are essential to a strong banking and financial system, they must be appropriately tailored to consider the intricacies of a diverse financial business model rather than a one-size-fits-all system.
Hurt argues for tailored capital requirements instead of a uniform approach.
Share
More from ROBERT HURT
If enacted, this legislation would help startups by allowing them to better market their securities and to take part in economic development events like demo days.
I think if you looked at the trend over the last 3 decades, you see that it has been brutal for community banks.
Every one of the measures we are considering today is designed to achieve that goal, whether that means establishing an office for small business capital formation, reducing the size of the administrative state or helping startups market…
These critical investments allow our small businesses to innovate, expand their operations and create the jobs that our communities desperately need.
Other voices in this conversation
