Democratic presidential nominee Hillary Clinton said Thursday that if elected, she will work to cut red tape to provide credit to businesses especially through community banks and credit unions.
In a speech at Futuramic Tool and Engineering, Clinton attempted to draw a contrast with the economic plan outlined last week by Republican presidential nominee Donald Trump.
“As president, I will also make a major push to empower small businesses and entrepreneurs with new national incentives to cut red tape at every level and expand credit especially through community banks and credit unions,” she said.
She did not expand upon that statement, although she made similar comments in June.
In the same speech, Clinton called for beefing up financial regulators to ensure that the U.S. does not face another financial crisis.
“Trump would roll back the tough rules that we have imposes on the financial industry,” she said. “I will do the opposite. I think we should strengthen those rules so that Wall Street can never wreck Main Street again,” she said.
And she made it clear that she supports the CFPB, saying that Trump wants to abolish an agency that has returned more than $11 billion to 25 million Americans.
“Why would you want to do that?” she asked.
