RSSObama pushes smaller banks to offer loans
From: The Washington Times | December 23, 2009
One week after summoning Wall Street executives to discuss lending and financial-regulation reform, President Obama spoke Tuesday with the heads of a dozen community banks about their role in helping businesses get the capital they need. As the nation continues to grapple with double-digit unemployment, Mr. Obama called reviving the credit markets a key to job growth. He told the bankers that he is looking for ways to cut red tape in order to stimulate lending. "There remain enormous opportunities as we come out of this recession for businesses to start growing again and to start hiring again," he said. ...
Filed Under The Wire
Content posted by users from other sites is posted for commentary and news purposes under fair use and each author is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or its owner.
Please Note: The comments section is for both the registered users of this web site as well as non-registered users. All wishing to post comments must comply with our Commenting Rules or risk having their comments stricken. Comments do not necessarily reflect the views of the ownership of this site and should not be taken as such just because they are visible and posted here.
Leave a Reply
Loading ...Recommended Reading:
