Consumers and small businesses would benefit from bipartisan loan bill
Kansas City Star, Missouri
January 18, 2018
In Kansas City and throughout the region, credit unions and other small financial institutions help us thrive and grow financially. Small businesses that provide key services to consumers and serve as the backbone of our communities depend on credit unions and small banks to provide the loans they need to succeed. Consumers also count on these small, community-based financial institutions when they need car loans or mortgages.
Getting these loans to the people who need them most has become harder and harder because of to regulatory restrictions on local financial institutions. It’s time to right-size regulations and fix the unintended consequences created by Washington bureaucracy.