Lawmakers hear testimony on lending plan

02/26/2010 | ABC News

The House Small Business and Financial Services committees today will hear testimony from federal regulators, business owners, bankers and developers about small-business lending and commercial real estate. Congress may yet pass an Obama administration proposal to give $30 billion in leftover TARP funds to community banks for small-business loans, but many lawmakers want the Small Business Administration to dole out the money.

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