… bank regulators, the Federal Reserve, the occ, the fdic, we have done a lot to deregulate banks or earnings are way up. More importantly, it has increased their lending capacity. Oliver Wyman's numbers estimate that there's 2.5 trillion of extra lending capacity. The other thing that has been a focus of this administration and a focus of mine is small and community banks. (23:58–24:06)
CLAIM
Asserts that there is an estimated $2.5 trillion in extra lending capacity available.
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.
