Kathy Szeliga on Corporations

Policy makers care more about Wall Street than Main Street

Szeliga: Actions, and at times inactions, by Congress and federal agencies failed to protect Americans from the financial crisis. As a small business owner, I know how painful the financial crisis was on families and businesses. Too often, policy makers care more about Wall Street than Main Street. Local community banks are struggling as a result of the increased regulations. While we need to regulate big Wall Street banks who were the bad actors; we need to make sure community banks, who know their local communities, are protected. Finally, no bank should be considered too big to fail. Taxpayers should never have to bail out big banks.