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Kudlow Doesn’t See Significant Barriers for Small Business Loans

Larry Kudlow
Larry KudlowPhotographer: Al Drago/Bloomberg

White House chief economic adviser Larry Kudlow said he doesn’t see any barriers to the biggest American banks delivering loans to small businesses starting immediately and that there’s a “gigantic” list of banks involved in the process.

“They are ready to go,” Kudlow said Friday in a Bloomberg Television interview, adding that leading bankers were talking to Treasury Secretary Steven Mnuchin right up until the deadline yesterday. “I don’t see any barriers and roadblocks,” he said, though allowed that “there may be some small glitches.”