decline of these banks. dodd/frank alone has resulted in 22,000 pages of new regulations. while large banks can hire armies of compliance officers whose sole purpose it is to ensure they meet the ever growing number of regulations, it increases the cost of doing business for community banks, leading some not to engage in some forms of lending or simply due to the time and costs involved. our community banks are key funding sources for small business owners, entrepreneurs, farmers, and ranchers across the country, many of whom can t qualify for traditional loans. they provide approximately half of all loans to small businesses. by reforming the regulatory systems so it is efficient, effective, and appropriately tailored, we ll stop treating these critical institutions in our communities the same as banks that have exponentially more in assets, enabling them to engage even more with small businesses and entrepreneurs that stimulate local economies. the banks are members of the
federal government. they can legally open bank accounts to deposit money from pot sales. let s bring in cnn chief business correspondent christine romans. a good thing because those business owners were having to carry these large amounts of cash because the banks wouldn t accept the cash. reporter: when you think about the product they have that s so valuable and prone to theft and you think about the cash nature of the business this is becoming according to eric holder a public safety issue for some of these companies. so the treasury department has issued some guidelines for how the banks can legally provide savings accounts, do banking service, even loans for these legal pot businesses. this is really, really a big deal in states like colorado and washington but also for the other states that are using, do medicinal marijuana businesses. here s the interesting thing. bankers remain reluctant. the american banking association saying look they still have an underlying challenge for
woman committing a serious assault, a rapist, and a killer. they re about to hit the street. a court ruling in a 6-3 vote that pardons may not be set aside by the judicial branch and the final decision rested entirely with the governor, but it s entirely the governor s judgment that the victim victim families are questioning. b b barbou rr wouldn t come on the show. governor, ed lavendera with cnn, can we talk to you real quick? let me get my instructions. can you talk to us in a second? he couldn t give us a second and walked right inside the building, but not before showing us what he thought of the questions. can you talk to us about the char charges? we ll wait for you out here, then. told me to stay where i m cold. can we get a few minutes to talk about the pardon? when the supreme court rules it will be time to talk. i m not so presumptuous as to predict what the supreme court is going do. the supreme court ruled so we contacted mr. barbour s office to s
killers who had worked as servants in the governor s mansion. those killers were already free when the state s attorney general moved to block the pardons. but five other serious felons were still in prison. from left to right, a drug dealer, a woman convicted of serious assault, a rapist, not shown here, an accessory to murder, and a convicted killer. they re about to hit the street. now, the court ruling in a 6-3 vote that pardons may not be set aside by the judicial branch and that the final decision on pardons rested entirely with the governor. but it s primarily the governor s judgment that victims families and survivors were questioning. governor barbour, you ll remember, refused to come on the program to defend his decision. his people said no over and over again, by e-mail and on the phone, face-to-face when we asked our ed lavendera to try to get some answers from the governor. governor, ed lavendera from cnn. do you mind if we talk to you real quick? let me get
that pardons may not be set aside by the judicial branch and the final decision rested entirely with the governor, but it s entirely the governor s judgment that the victims families are questioning. barbou rr wouldn t come on the show. governor, ed lavendera with cnn, can we talk to you real quick? let me get my instructions. can you talk to us in a second? he couldn t give us a second and walked right inside the building, but not before showing us what he thought of the questions. can you talk to us about the charges? we ll wait for you out here, then. told me to stay where i m cold. can we get a few minutes to talk about the pardon? when the supreme court rules it will be time to talk. i m not so presumptuous as to predict what the supreme court is going do. the supreme court ruled so we contacted mr. barbour s office to see if he would make good on his promise to talk, and his press officer said no, he s traveling, busy. we asked for a phone interview. sh