Joe Manchin: “In other words, 13 percent of banks with assets of less than $50…”

On the recordFebruary 26, 2014

In other words, 13 percent of banks with assets of less than $50 million would go from profitable to unprofitable.

Said by

Democratic · West Virginia

Source

Highlighting the financial strain on small banks due to compliance costs.

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Joe Manchin: “In other words, 13 percent of banks with assets of less than $50 million would go from profitable to unprofitable.”