The decline in small business lending represent startups that were never launched, jobs that were never created, and expansions that were never completed. To balance growth and financial stability, the CCMC strongly supports replacing a one-size-fits-all approach with tailored bank regulation — sophisticated rules that are properly calibrated to the risk profile of an activity or institution. Tailoring is essential to effectuate a core principle of good government: regulations should impose the least burden necessary on society.

The CCMC is issuing the following recommendations to restore Main Street lending:

• Replace Asset Thresholds With Multifactor Risk Assessments
• Reduce the Burden of Stress Testing and Capital Planning While Preserving Benefits
• Harmonize U.S. Capital and Liquidity Rules with International Standards
• Reassess the Volcker Rule
• Improve the Regulatory Process