PolitiQuote

Discover video-sourced quotes by politicians

Kelly Loeffler: “They even went as far under the Biden administration to put…”

Featuring: Kelly Loeffler, Republican | Administrator, U.S. Small Business Administration | National

Watch on YouTube

$400 Million in Loans Being Investigated for Fraud | SBA Chief Kelly Loeffler

Published | Video Starts at 13:50

So we were honored to lead that charge. But we know that under Obama, it really started with operation choke point 1.0, where they started defunding, debanking, disfavored people, and They even went as far under the Biden administration to put it into the regulatory apparatus so that you'd be penalized as a regulated entity. If you provided banking services to everything from Christians to Pro Life to 2A, you name it, it could be considered a reputational risk for which the OCC or the … (13:50–14:00)

CLAIM

Asserts that the Biden administration incorporated debanking into regulatory frameworks, penalizing certain entities.

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.


Kelly Loeffler

Discover more from

Kelly Loeffler

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.