FORT WAYNE, Ind. (Indiana's NewsCenter) - Thursday morning, the Democratic State Treasurer Nominee was in Fort Wayne to promote his plan for banks to be more responsible to customers for their practices.
South Bend-based Pete Buttigieg believes that by keeping better track of deposits and lending it will free up credit, stimulate economic growth, and put Hoosiers back to work.
So he wants to establish stricter rules on banks that would provide better safety, a good rate of return, as well as oversee lending and deposits.
Buttigieg says, “We have a chance to really change the way banks treat people. By insisting, on the best practices for banks that do business with the state. What I want to do, is use this office to create more jobs and protect the consumers. By insisting the banks of profit for state business behave in the right way, when it comes to growing our economy and doing right for the customers.”
Buttigieg is traveling throughout the state the rest of the week.
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