Wisconsin Banking Update
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Banks to Report Small Business Loans
Posted on March 20th, 2009 No commentsTreasury Secretary Timothy Geithner said the administration will require the 21 largest banks that have received government funds through the Troubled Asset Relief Program to report how much small business lending they do every month. Treasury will also ask banking regulators to require all banks to report their total lending to small businesses every quarter, instead of just once a year. Read the Business Journal of Milwaukee article.
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