Small Business Committee Chairman Steve Chabot (R-OH) has announced the following committee activity for the week of September 14, 2015:
Subcommittee on Economic Growth, Tax, and Capital Access
Chairman Tom Rice (R-SC)
Financing Main Street: How Dodd-Frank is Crippling SMall Lenders and Access to Capital Thursday, September 17, 2015 at 1:00 PM
2360 Rayburn House Office Building
The Committee on Small Business Subcommittee on Economic Growth, Tax and Capital Access will meet for a hearing titled Financing Main Street: How Dodd-Frank is Crippling Small Lenders and Access to Capital.The hearing is scheduled to begin at 1:00 P.M. on September 17, 2015, in Room 2360 of the Rayburn House Office Building.
Five years later, while proponents of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) are quick to tout the benefits of the law, Main Street small businesses, including small financial institutions, express concerns that it has had the opposite effect.This hearing will examine the effects of Dodd-Frank on small financial institutions and small business lending.Specifically, the hearing will discuss the regulatory changes promulgated by Dodd-Frank and the impact those have had on small business.