The 10,000 Small Businesses Voices Community Calls on Policymakers to Halt the Federal Reserve’s Proposed Rule

Over 3,000 small business owners sign a comment letter asking the Federal Reserve to abandon the regulation as it will hurt small businesses.

To the Federal Reserve:
We are America’s small businesses.

We are builders, manufacturers, restaurant owners, and more. We run coffee shops, cleaners, corner stores and child care centers. We are the diverse entrepreneurs of 10,000 Small Businesses Voices, and we never stop working to create jobs and strengthen our local economies. On behalf of our community of more than 14,000 small businesses in all 50 states, Puerto Rico and the District of Columbia, we respectfully submit this letter to express our serious concerns about your proposal to require U.S. banks to significantly increase the capital they must hold.