So in fact, much of the research, what it bears out is that increasing bank capital requirements can actually increase bank lending and resilience. And In 2023, we saw what the SBB bank collapse almost did to small businesses in districts like mine, the MA 7th and around the country. So we need banks that lend more, but also protect people's money. Ms. Valdez, would rolling back bank capital requirements through these proposals help or hurt small minority owned Businesses. (02:41–02:51)
CLAIM
Asserts the impact of the SBB bank collapse on small businesses in 2023.
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