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Banks Quote by Steve Mnuchin

“The number one priority is going to be make sure that banks lend.” quote by Steve Mnuchin
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“The number one priority is going to be make sure that banks lend.”

Steve Mnuchin

About This Quote

Source Speech: Press conference, U.S. Treasury, March 2020

Emphasizes ensuring banks continue lending to support the economy.

In simple terms: Make sure banks keep lending.

Key Takeaway

Prioritize bank lending.

Themes

economy finance policy

Mood

urgent concerned

Type

policy statement

When to use this quote

  • business recovery
  • small business support
  • consumer credit
  • housing market

Key Concepts

monetary policy credit flow

Questions to Reflect On

  • How can lenders be incentivized?
  • What safeguards protect borrowers?
A Different Perspective

If banks are unwilling, lending may still stall.

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