Small businesses are the backbone of Indiana’s economy. They propel economic growth and create good, middle-class jobs. And they depend on local banks and credit unions for loans that enable them to expand and hire.
Regulation appropriately intended to stop the bad behaviors of Wall Street banks is handcuffing local credit unions — limiting their ability to make home and small business loans, report fraud against seniors and more.
In Georgia, credit unions and community banks help our communities thrive. Now’s the time to loosen the regulatory restrictions that are limiting their ability to help their communities.
Time is running out for the flawed system that has hurt credit unions and small banks while allowing Wall Street to flourish. That’s why more than 20 senators, both Republicans and Democrats, support S. 2155, the Senate Economic Growth bill, commonsense legislation that will help Main Street credit unions and small banks better serve consumers.
You’ve heard it all before: gridlock in Washington; partisan politics; “they can’t get anything done.” Regardless of our political persuasions, we all want a functioning government and Congress to come together to pass laws that improve our quality of life.