Banks Quote by Steve Mnuchin
“The number one priority is going to be make sure that banks lend.”
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.
Prioritize bank lending.
Themes
Mood
Type
When to use this quote
- business recovery
- small business support
- consumer credit
- housing market
Key Concepts
Questions to Reflect On
- How can lenders be incentivized?
- What safeguards protect borrowers?
If banks are unwilling, lending may still stall.