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Ron Johnson: “I've had small banks in Wisconsin come up to me... I had to…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

Chairman Johnson's first round of questioning at HSGAC hearing 2-25-15.

Published February 25, 2015 | Video Starts at 01:28

So again those are the large metrics to try and describe the problem that our private sector is trying to grapple with as they're trying to grow and, and produce good paying jobs. Anecdotally I've had small banks in Wisconsin come up to me... I had to hire a compliance officer. loan officer because I had to hire a compliance officer. I'm having banks say I can't, I can't survive as a single branch bank anymore. (01:28–01:41)

CLAIM

Asserts that small banks in Wisconsin face regulatory burdens requiring compliance officers.

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.

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