Officials question effectiveness of small-business loan fund

06/23/2010 | Bloomberg Businessweek

The House recently approved President Barack Obama's $30 billion plan aimed at encouraging banks to lend to small businesses. Officials, however, are questioning how much of the fund will reach entrepreneurs. Elizabeth Warren, appointed to oversee the Troubled Asset Relief Program, said that "policymakers are flying blind" because of a lack of data on small-business lending.

View Full Article in:

Bloomberg Businessweek

Published in Brief: