Excessive Banking Regulations

Maintaining access to credit from small, community-owned banks is essential for farmers who depend on that credit and those relationships. The banking regulations Tim Walz voted for and continues to support have added thousands of pages of mandates and restrictions into the lending process. These regulations have not only burdened farmers and restricted their access to much-needed credit, but their costs are crushing the small, rural banks on which farmers depends. Jim Hagedorn will make it a priority to repeal these regulations so that farmers and community banks can maintain a free-flow of credit.