That's the issue taken up by journalist Jim Puzzanghera in Trump says businesses can't borrow because of Dodd-Frank. The numbers tell another story. Here's an excerpt:
[A] main reason for dismantling Dodd-Frank often cited by Trump and critics of the law — that its slew of tougher financial regulations have significantly restricted bank lending — isn’t borne out by the data.
Since hitting a post-crisis bottom in October 2010, commercial and industrial bank loans have increased 77%, according to the Federal Reserve. Few business owners say they are having trouble getting loans, surveys show. Household debt, including mortgages and auto and student loans, increased last year by the most in a decade, continuing a three-year upswing. And bank profits have been soaring.
“Nobody’s come up with really solid evidence that they can point to that bank lending over the last few years has been overly constrained,” said Fred Cannon, global director of research at investment bank KBW. “It certainly is not growing as fast as it was pre-crisis, but I’m not sure everyone wants no-doc, low-doc, non-verifiable lending again.”
