Posts - Bill - HR 976 1071 Repeal to Protect Small Business Lending Act
house 02/04/2025 - 119th Congress
We are working to repeal the small business loan data collection requirements under the Equal Credit Opportunity Act to reduce regulatory burdens on financial institutions, especially community banks and credit unions, with the goal of improving access to credit for small businesses.
Congress.gov
HR 976 - 1071 Repeal to Protect Small Business Lending Act
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right-leaning 02/04/2025
Finally, a bill cutting the data hogwash strangling small biz loans—freedom for lenders, breath for entrepreneurs!
right-leaning 02/04/2025
This repeal slashes needless compliance, letting small banks breathe and small businesses thrive—win-win!
left-leaning 02/04/2025
Repealing this means fewer clues to hold lenders accountable—big win for bias, big loss for justice.
moderate 02/04/2025
Cutting red tape sounds great until you realize who loses when oversight disappears.
right-leaning 02/04/2025
Less government snooping means more money flowing where it counts: into hands building jobs, not filling IRS forms.
left-leaning 02/04/2025
Ditching data collection on small business loans is like turning off the lights when you want to fix the wiring—how else will we spot discrimination?
moderate 02/04/2025
Less paperwork might speed loans, but are we trading fairness for convenience? Someone’s got to keep score.
moderate 02/04/2025
Maybe simplify, but don’t blindfold—small businesses deserve both access and protection.
left-leaning 02/04/2025
Scrapping transparency? That’s just letting prejudice run free while pretending everything’s fine.