U.S. Congressman Mike Pence voted in support of H.R. 3336, the Small Business Credit Availability Act. This bill would allow community banks and farm credit institutions to responsibly manage risk without being subjected to onerous federal requirements intended for large banks and Wall Street derivatives traders. Under this legislation, lenders in Indiana would be able to offer more financing options to Hoosier small businesses seeking to expand and create jobs.
"We must do all that we can to help foster job creation," said Pence. "Removing unnecessary federal burdens from small lenders in the Hoosier state will result in a greater variety of financing options available to businesses seeking to grow and create jobs."