“How Dodd-Frank Stole The Recovery By Killing Small-Business Growth”

Dodd-Frank was passed in 2010 by a Democrat-controlled Congress, ostensibly to corral Wall Street ‘fatcat’ bankers…but was actually a law that FAVORED those fatcats.

A new study says “…damage done…to small businesses was severe…and made it more difficult for small businesses and entrepreneurs to obtain funding…” 

IBD notes “Smaller banks, which mainly do only small-business loans, saw their loan volumes decline by twice as much. This is why there has been a silent depression in the once-vibrant small-bank industry. Meanwhile, loans of over $1 million by bigger banks have soared by 80%. Obama and the Democrats were the least small-business friendly administration and Congress since the Great Depression.”

Long story short – Democrats in the pocket of Big Banking hurt small banking.

Next time Democrats wail about the GOP favoring ‘Fatcat Bankers’ ask them how it can be, when Democrat legislation – that favored those fatcats – has now been checked…

…by Pres Trump and a Republican-controlled Congress.