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Jacky Rosen: “Rural export businesses face significant barriers accessing…”

Featuring: Jacky Rosen, Democratic | U.S. Senate, Nevada

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Jacky Rosen Leads Senate Commerce Committee Hearing On Enabling Rural Businesses To Grow

Published | Video Starts at 1:16:28

And exporting activity can actually just be more costly than domestic business due to its complicated, excuse me, regulatory hurdles and logistics, as you've all alluded to. And so, despite its importance to their operation, Rural export businesses face significant barriers accessing capital, with many relying on a dwindling number of small banks, local banks, for financing. You've spoken about this, too, Mister Westcott. I'm going to ask each of you a little bit a different question. (1:16:28–1:16:38)

CLAIM

Asserts that rural export businesses face significant barriers accessing capital, relying on fewer small and local banks.

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