Wednesday, November 30, 2011

Meeting Request of the Governor/SBA Administrator Comments

Yesterday, Small Business California sent out a press release asking the Governor to hold a meeting with SBA Administrator Karen Mills, the Office of the Comptroller, the FDIC, the Federal Reserve, the California Department of Financial Institutions and bank representatives. See below. Our request has been made through Mike Rossi the Governors Economic Development Czar.

The second piece below from The Hill has SBA Administrator Karen Mills saying that Washington regulations are being interpreted more tightly at the Regional level which is why Small Business California has requested the Governor hold this meeting.

Scott Hauge
Small Business California
2311 Taraval Street
San Francisco, CA 94116


links can be found by going here:

Small Business California Calls on Governor Brown to Convene a Special Meeting ...
MarketWatch (press release)

Nationwide, banks have pared their small business loan portfolios by more than $47 billion since the pre-recession peak in 2007. Loans to small businesses are important because small firms play a vital role in the US economy. Firms with fewer than 500 ...
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Still a long way to go
The Hill (blog)

Even SBA Administrator Karen Mills said in congressional testimony last month that the guidance coming out of Washington has been interpreted more tightly at the regional level by regulators, thereby slowing small business loans. ...
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