For a small business to go try to get a small business loan from a Bank of America or Wells Fargo or JP Morgan is a very difficult thing. They do consumer banking or banking for the large businesses. It's our small community banking sector that makes us one of the most vibrant economies in the whole world. So, you know, with Washington, they bail out the big, they let the small collapse. So now let's go to the banking crisis of last year with Silicon Valley and First Republic. (07:25–07:33)
CLAIM
Asserts that the small community banking sector is crucial to the vibrancy of the U.S. economy.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
