By Mario Lopez, Hispanic Leadership Fund
Hispanic-owned companies play an important role in our national economy and this trend is only expected to continue. Data shows Hispanic-owned businesses are growing at a faster rate than any other demographic in the United States, by as much as three times the national average.
Despite this, there are still issues impeding further progress that need to be addressed in order to strengthen not just the growth of Hispanic and other small businesses, but the American economy as a whole. Two of the biggest problems — the decline in lending and burdensome regulation — both stem from one-size-fits-all banking legislation that treats huge Wall Street institutions and smaller banks in similar ways despite major differences.
Read the rest of the op-ed at The Hill.