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Banks say Treasury not giving enough guidance on SBA loans: Report

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FOX Organisation' Charlie Gasparino states large banks are attempting to hand out lendings to the very best cients on a first-come, first-served basis, but several banks are still stressed they might be sued for making lendings without due diligence.

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Banks say Treasury not giving enough guidance on SBA loans: Report

FOX Business' Charlie Gasparino says big banks are trying to hand out loans to the best cients on a first-come, first-served basis, but many banks are still worried they could be sued for making loans without due diligence.

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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Lou Dobbs Tonight: https://video.foxbusiness.com/playlist/longform-lou-dobbs-tonight
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