Yellen Says Fed Has Seen ‘Healthy Growth’ in Lending

The transcript discusses the impact of the Dodd-Frank Act on business lending, highlighting President Trump's criticism and the subsequent growth in commercial and industrial (CNI) lending since its enactment in 2010. It notes that CNI loans have surpassed their 2008 peak, with significant growth in both total and small business loans. Despite this, many small businesses report no need for credit, citing slow economic growth as a factor.

What was one of the main reasons given by the administration for criticizing the Dodd-Frank Act?

• It caused inflation to rise significantly.

• It made it difficult for businesses to borrow money.

• It increased taxes on small businesses.

• It led to a decrease in stock market investments.

Since the enactment of Dodd-Frank in 2010, how has C&I lending changed?

• It has only grown slightly, less than 1%.

• It has decreased by 50%.

• It has remained the same.

• It has grown and exceeded its 2008 peak.

What percentage growth did C&I loans experience in the most recent 12-month period?

• Less than 3%

• Exactly 5%

• Over 7%

• Around 10%

What did the survey reveal about small businesses' borrowing needs?

• All small businesses needed loans for expansion.

• Over half of small businesses did not need to borrow.

• Small businesses were borrowing more than ever before.

• Most small businesses were eager to borrow.

What was one reason given for small businesses not needing to borrow?

• Lack of available credit.

• Slow growth in the economy.

• High interest rates.

• Increased competition.