The idea is to get “mission-driven lenders” to issue the loans. This slathers a gloppy layer of do-gooderism over the fact that, most likely, these loans will be issued by the usual State-favored megabanks. After all, they all have “Mission Statements,” so who’s to argue whether they’re “Mission-Driven” or not? They’re all part of a criminal banking cartel that enjoys an incredibly privileged position in terms of being inextricable from the US political structure, first in line at the low interest rate and QE money printer.

Riiiight ……. Once again a politician is totally in the dark about economic consequences of their actions! Who do you think will pay for free money in the long term? Why would the banks just love the moral hazards of these “guaranteed loans”? Are we stupid enough to fall for this kaka again?