Podcast appearances and mentions of len suzio

In this podcast, Dean Stockford and Len Suzio discuss the recent FDIC Advertising and Signage rule changes, which took effect on April 1, 2024, and aim to modernize compliance requirements to align with digital banking practices. Dean highlights the importance of these updates, which include modernized signage rules for branches, digital platforms, and ATMs, disclosures distinguishing insured deposits from non-deposit products, and mandatory written policies for compliance. The rule also addresses misrepresentations about FDIC insurance by IDIs and non-bank entities, clarifying disclosure requirements to prevent consumer confusion. With a mandatory compliance date of May 1, 2025, Dean urges institutions to act promptly to ensure compliance. Brought to you by GeoDataVision and M&M Consulting  

In this episode of the Compliance 911 Show, hosts Dean Stockford and Len Suzio are joined by special guest Linda Ezuka for the second part of their series on the Community Reinvestment Act (CRA). Linda, the founder of CRA Today and the CRA Hub, shares her extensive expertise on CRA compliance, community development finance, and the new CRA rules introduced in 2023. The discussion delves into the complexities and challenges posed by the new CRA regulations, including the concerns expressed by bankers about adapting to these changes. Linda provides valuable insights into how financial institutions can prepare for the transition, balancing the legacy CRA rules with the new requirements. Linda also highlights the potential opportunities offered by the new CRA, such as partnerships with minority depository institutions and community development financial institutions. The conversation explores how these collaborations can enhance service to disadvantaged communities and improve financial literacy. Additionally, the episode touches on the introduction of calibrated benchmarks for assessing bank performance, and the importance of understanding community context when evaluating CRA activities. Join us for this informative session as we explore the evolving landscape of the Community Reinvestment Act and learn how banks and community groups can work together to better serve their communities. CRAtoday: cratoday.com CRAhub: cratoday.com/hub Linda: linda@cratoday.com   Brought to you by GeoDataVision and M&M Consulting

Welcome to the Compliance 911 Show, where hosts Dean Stockford and Len Suzio dive into the intricacies of the Community Reinvestment Act (CRA) with special guest Linda Ezuka. Linda, the founder of CRAtoday and the CRAhub, shares her extensive experience and insights on how to master CRA compliance, stay exam-ready, and leverage capital for community development. In this episode, Linda discusses the most common questions from bankers, the importance of performance context, and the challenges of identifying community development loans. She also emphasizes the need for CRA professionals to engage with their communities to truly understand and meet local credit needs. Join us for an enlightening conversation that will equip you with the knowledge to navigate the complexities of the CRA and drive impactful community development initiatives. CRAtoday: cratoday.com CRAhub: cratoday.com/hub   Brought to you by GeoDataVision and M&M Consulting

Former state senator Len Suzio makes a return visit after what feels like years! We discuss the current political situation and why Len sees a GOP victory in this year's presidential election as being more important than ever. Then, can government, or corporations, ever be small again when they've built the present around the flow of endless money and power?

We play RANTS, then we're joined by former state senator Len Suzio.

Podcast #69, "The Coming Perfect Storm," features a discussion between Dean and Len Suzio about new regulatory challenges for the banking sector. Len highlights the implications of two key regulations: Section 1071 of the Dodd-Frank Act and the new Community Reinvestment Act (CRA) rule. Section 1071 requires detailed reporting of small business lending data, including race and ethnicity of borrowers, to the Consumer Financial Protection Bureau. The revised CRA rule emphasizes the impact of fair lending issues on a bank's CRA rating and introduces more stringent criteria for evaluating discriminatory or illegal credit practices. Len expresses concerns about the potential misuse of small business lending data and the new CRA rule's assessment areas, which could unfairly impact banks' operations and regulatory compliance. He notes that these changes could lead to more aggressive regulatory approaches, especially in light of the Department of Justice's "Anti-redlining Initiative." The podcast concludes with an acknowledgment of the seriousness of these regulatory changes and their potential impact on the banking industry. Brought to you by GeoDataVision and M&M Consulting

We play today's awesome RANTS, take some awesome phone calls, and discuss the latest hike in electric rates with former state senator Len Suzio!

What caused the spike in youth crime over the last few years? Len Suzio was a senator when being "soft on crime" became popular in CT state government, and he joins us to explain. Then, Joe Markley, also a former state senator, appears for his regular visit.

"The New CRA" features a discussion between Dean Stockford and Len Suzio about the recent changes in the Community Reinvestment Act (CRA) regulations. Len has dedicated significant time to understanding the new CRA rule, which is a lengthy 1,494 pages, and has even published articles on the topic. He describes the new rule as an "unmitigated disaster for the banking industry," a conclusion drawn not from his personal opinion but from the regulators' own data. The new CRA rule significantly increases the failure rate of CRA exams for banks, estimated to be 10-12%, up from the long-term average of 1.2%. This increase is attributed to the new Retail Lending Test included in the rule. The new rule introduces additional assessment areas for banks, leading to evaluations in markets far removed from their physical branches. This creates competitive disadvantages for banks in these remote areas, as they are evaluated against the same benchmarks as local lenders. The failure rates in these new assessment areas are alarmingly high, with estimates of 22.4% for Retail Lending Assessment Areas and 28.8% for Outside Retail Lending Areas. Len highlights that the complexity and size of the new rule, along with the extensive data manipulations required for compliance, may be overwhelming for many. He cites quotes from regulators that explicitly state that the increased failure rate was a deliberate intent of the regulators to "raise the bar" for CRA performance evaluations. Dean concludes the podcast by expressing that listeners will likely be apprehensive yet eager to learn more about the changes in the new CRA. Both hosts encourage listeners to send in suggestions for future podcast topics. Brought to you by GeoDataVision and M&M Consulting

In episode 64 of the Compliance 911 podcast, hosts Len Suzio and Dean Stockford discuss the intricacies of Reg. CC, a regulation that deals with funds availability. Dean emphasizes the importance of understanding the definitions within regulations as the same word or phrase might carry different meanings in different contexts. He goes on to explain that Reg. CC was implemented to enforce the provisions of the Expedited Funds Availability Act of 1987, which set the rules for when a bank had to make deposited funds available to depositors. The regulation is highly technical and mandates strict timing provisions based on factors such as the nature of the item deposited, where and to whom the deposit was made, and the bank's funds availability policy. Dean delves deeper into the timing specifics, noting that funds availability begins at the start of a “business day.” He lists types of deposits that must be made available on the next business day, such as cash, electronic payments, U.S. Treasury checks, and certain other checks. Len, intrigued by the strictness of the rules, inquires about any potential exceptions. Dean highlights that banks can place Exception Holds, also known as Safeguard Holds, to mitigate risks. These holds allow financial institutions to manage fraud, but they must adhere to specific protocols, including providing customers with written notices detailing reasons for the extended hold. The episode concludes with Dean urging listeners to thoroughly understand Reg. CC. Brought to you by GeoDataVision and M&M Consulting

In the podcast, Len Suzio from GeoDataVision LLC and Dean Stockford of M&M Consulting delve into the topic of CRA (Community Reinvestment Act) Assessment Area delineation. Len emphasizes the critical importance of banks updating their CRA assessment area maps, particularly in light of changes to census tracts that were officially adopted by the FFIEC on January 1, 2022. He is alarmed to find that many banks haven't updated their maps, which is a mandatory requirement. Len further elaborates on the "performance context" in the CRA regulation, which is pivotal in determining banks' performance expectations. This context includes the unique characteristics of the bank, the demographics of the communities within the CRA assessment area, and the credit markets in local communities.   Len explains the various CRA lending tests, such as the Assessment Area ratio, the conspicuous gaps in contiguous tracts test, the LMI tracts penetration test, and the “borrower characteristics” test. He emphasizes that the configuration of the assessment area can significantly impact performance standards, as examiners will evaluate demographic and credit market variables. Len also touches upon the regulatory flexibility banks have in defining their assessment areas and urges banks to review and evaluate their current areas to avoid inflating their CRA performance standards. The conversation concludes with Len and Dean encouraging listeners to take the topic seriously and consider the implications of their assessment area delineations.   Brought to you by GeoDataVision and M&M Consulting  

Episode 62 of the podcast delves into the intricacies of Electronic Funds Transfers, primarily focusing on the basics of Regulation E (Reg. E) Error Resolution provisions and their stringent timelines for addressing claims. Dean Stockford and Len Suzio begin by discussing the impact of their previous podcasts, with Dean emphasizing the importance of understanding the Electronic Fund Transfer Act, which establishes the basic rights, responsibilities, and liabilities of consumers and financial institutions engaging in electronic fund transfers. Dean outlines the specific definitions of "Electronic Fund Transfer," explaining that it includes activities such as Point-of-sale transfers, ATM transfers, direct deposits or withdrawals, telephone-initiated transfers, and debit card transactions. He further elaborates on the definition of "error" in the context of electronic fund transfers and stresses the immediacy required in investigating these errors. Dean highlights common misconceptions about error notifications, clarifying that financial institutions must start investigations immediately upon receiving an oral notification and not necessarily wait for written confirmation. The episode wraps up with a detailed walkthrough of the steps and timelines involved in resolving errors, emphasizing the importance of provisional credit, extensions for investigations, and the final resolutions based on the findings. The podcast episode serves as an informative session aimed at demystifying the complex world of electronic fund transfers, ensuring that consumers are well-informed about their rights and the responsibilities of financial institutions. Dean and Len's conversation underscores the significance of timely error resolution and the stringent provisions in place to safeguard consumers. Their discussion provides valuable insights into the potential pitfalls and best practices for financial institutions when dealing with electronic fund transfer errors, ensuring transparency and accountability. Towards the end, they express gratitude to their audience and encourage feedback for future topics, underscoring their commitment to addressing relevant and impactful subjects in the realm of regulatory compliance.

On a broadcast hosted by Dean Stockford, Len Suzio highlights the increase in adverse Community Reinvestment Act (CRA) ratings for banks in the first half of 2023. An article from Standard & Poor indicated that 12 banks received less than satisfactory performance ratings, a jump compared to 14 for the entirety of 2022. Len believes that this rise can be attributed to regulators enforcing stricter performance standards. Evidence for this includes the proposed new CRA Rule, which intends to set higher CRA performance standards. An analysis by bank regulators shows that the new rule would result in a significant increase in the CRA exam failure rate. Len emphasizes that the vagueness in the currently applied performance standards would allow regulators to implement the proposed calibrated standards without officially announcing them. Another notable factor impacting these ratings is the Fair Lending issue and the anti-redlining initiative. Len suggests that banks be aware of these changes and regularly self-evaluate their compliance with these standards.   Brought to you by GeoDataVision and M&M Consulting

We start things off with Middle East perspective from NY Times report Steve Erlinger. Next, we are joined by former state senator Len Suzio.

In this podcast episode, Len Suzio and Dean Stockford discuss the implications of the DOJ's “Combatting Redlining Initiative" that was announced in 2021 and the ensuing increase in redlining referrals from bank regulators to the DOJ in 2022. Len believes this issue represents a significant regulatory compliance risk for banks, despite not being convinced of the DOJ's claim of widespread redlining practices today. Len's primary concern is the alleged misuse of the concept of Reasonably Expected Market Areas (REMA) by regulators, which, in his view, has misleadingly expanded a bank's Community Reinvestment Act (CRA) assessment area to include markets that are not practical for a bank to serve. This has been a factor in the record-breaking redlining referrals by bank regulators to the DOJ. Len further explores commonalities among redlining cases, which mostly center on banks' inadequate procedures for identifying redlining risk exposure. He asserts that all lenders should promptly review their systems and procedures for identifying and monitoring potential redlining situations, ensuring they're not only adequate but also consistently implemented. The topic of REMAs versus CRA Assessment Areas is expanded, indicating that lenders should consider these as potentially different and evaluate their standing in relation to each. Len and Dean discuss key factors for REMA consideration, as described in the 2023 Fair Lending examination procedures, and the potential consequences if a bank's lending in REMA minority communities is statistically significantly low. Brought to you by GeoDataVision and M&M Consulting  

In this podcast episode, Len Suzio and Dean Stockford discuss the unregulated use of Artificial Intelligence (AI) in the banking industry. Dean brings up how, amidst the focus on fair lending and Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), there have been increasing concerns about potential bias in AI systems. Specifically, red flags have been raised about scoring systems built into the lending process and the potential for inadvertent redlining in marketing systems. Both Len and Dean concur on the importance of understanding and regulating the use of AI in banking systems. Dean suggests several proactive measures for financial institutions (FIs) in anticipation of regulatory exams. He recommends conducting an enterprise-wide inventory of all AI-utilizing systems and understanding their specific applications, starting with BSA/AML and Fraud departments, followed by Lending/Underwriting, Marketing, and Human Resources. In addition, he urges FIs to conduct fair lending data analyses and risk assessments with specific emphasis on AI in lending/underwriting systems. To conclude, Dean emphasizes the need for management to understand underwriting systems through thorough testing and analysis, and document vendors' explanations and testing results, to gain a comprehensive view of the risk these systems pose to their institutions. Brought to you by GeoDataVision and M&M Consulting  

The Rational Egoist: Unveiling the Inner Workings of Government with Len Suzio. Join Michael Liebowitz, an insightful host with a rational perspective, as he engages in a thought-provoking conversation with Len Suzio, a former state senator from Connecticut. In this captivating episode, they delve into the intricacies of the legislative process and the challenges faced when passing bills. With over 3,500 bills to process within a limited timeframe, the reliance on inexperienced individuals to review and summarise them leads to potential errors and unnoticed amendments. Discover how the public can testify against these bills, exploring the importance and sometimes daunting nature of public participation. Despite the public's voice, the impact may often be limited, unless there is a significant public outcry.As the conversation progresses, the focus shifts to the question of why people continue to vote for larger government despite its perceived inefficiencies. Gain insights into the role of public education in understanding government operations, including the unnoticed burden of exorbitant taxes that contribute to an expanding government. Join Michael Liebowitz and Len Suzio on "The Rational Egoist" as they unravel the complexities of government and shed light on the importance of an informed citizenry. Michael Leibowitz is a renowned philosopher, political activist, and the esteemed host of the Rational Egoist podcast. With a profound admiration for the philosopher Ayn Rand, Leibowitz passionately champions the principles of reason, rational self-interest, and individualism. As a dedicated advocate, Leibowitz's influence extends beyond his podcasting endeavours. Engaging in lively political debates, he fearlessly advocates for the protection of individual rights and freedoms through compelling YouTube videos and insightful interviews.Leibowitz's own life narrative exemplifies the transformative power of Ayn Rand's writings. Despite enduring a challenging past that led to a 25-year prison sentence, he emerged from adversity by embracing the tenets of rational self-interest and moral philosophy put forth by Ayn Rand. His personal journey has propelled him to become an influential figure in the libertarian and Objectivist communities, empowering others to embrace reason, individualism, and self-interest in their own lives. Beyond his philosophical and political pursuits, Leibowitz has co-authored the thought-provoking book, "Down the Rabbit Hole: How the Culture of Correction Encourages Crime." This groundbreaking work delves into the societal attitudes surrounding punishment and rehabilitation, shedding light on how misguided approaches have contributed to the rise of crime and recidivism.Leibowitz's expertise extends to the airwaves, as he is a regular guest on the esteemed Todd Feinburg show at WTIC. His expert commentary provides invaluable insights on a wide range of political and social issues, captivating audiences with his profound intellect and deep understanding of the human condition.Join Michael Leibowitz on his intellectual journey as he advocates for reason, individualism, and the pursuit of self-interest, inspiring others to embrace a philosophy that empowers and uplifts the human spirit.

In Podcast 49, Dean Stockford and Len Suzio discuss the impending changes to the Community Reinvestment Act (CRA) and the imminent publication of the Dodd-Frank Section 1071 Rule. The CRA Rule's publication date remains uncertain, while the Consumer Financial Protection Bureau (CFPB) is under court order to publish the Section 1071 Rule by March 31. Len notes that the 1071 Rule, which will have profound implications for the financial services industry, has been 15 months in the making and is expected to be quite controversial. Unlike CRA, Section 1071 is a reporting mandate, much like the Home Mortgage Disclosure Act (HMDA) regulations, and will be used for both fair lending and CRA purposes. Data collection and reporting requirements under Section 1071 will be more onerous than those under CRA, and it will cover a larger number of institutions.   Len expects the final 1071 Rule to be almost identical to the proposed rule, which will be challenging for banks and other financial institutions. As for the CRA rule, its finalization could be delayed for several reasons, including the many comments and criticisms received and potential legal action by the banking community. Furthermore, the prudential regulators may be waiting to see what Section 1071 looks like, as it will have a significant impact on CRA regulations. Len believes the final CRA rule won't be published until sometime late in the spring, but nothing would surprise him. Both Dean and Len plan to collaborate on an education series to help financial institutions understand the implications and requirements of Section 1071 and the new CRA Rule after their publication.   Brought to you by GeoDataVision and M&M Consulting  

In this podcast episode, Len Suzio and Dean Stockford discuss the basics of the Bank Secrecy Act (BSA) and the importance of having a sound BSA program. They break down the extensive provisions of the BSA into two parts - the Basic Stuff (BS) and the Additional (A), which is pre and post 9/11. They also highlight the areas of high risk for non-compliance, including suspicious activity monitoring, SAR referral programs, and customer due diligence. This podcast is informative for those who want to understand the basics of BSA and its importance in maintaining safety and soundness in financial institutions. Brought to you by GeoDataVision and M&M Consulting

Rants and Len Suzio talks Politics with Todd

In this podcast, Len Suzio discusses his concerns about the threat posed to banks by the misuse of the concept of Reasonably Expected Market Areas (REMA) by regulators in their fight against redlining. The DOJ's "Combatting redlining initiative" launched in October 2021 is one such example. Len highlights that the concept of REMA has no origin in law or regulation, making it vague and open to interpretation, which can lead to potential abuse. Regulators often determine a bank's REMA based on factors like marketing campaigns, market plans, media usage, and self-produced promotional materials. If a bank's REMA is found to be larger than its Community Reinvestment Act (CRA) assessment area, the bank's lending outside its CRA-defined community could be subject to scrutiny for redlining. Len shared his concern when federal examiners revealed that they use entire MSAs (Metropolitan Statistical Areas) or MDs (Metropolitan Divisions) as the basis for every bank's REMA, no matter the size of the bank. This approach makes almost every bank with an urban area nearby vulnerable to redlining accusations if they are not lending in the urban area. The podcast concludes that this issue is alarming for banks, and they should be aware of the potential consequences of how their REMA is determined. Brought to you by GeoDataVision and M&M Consulting

Overdraft programs and Junk fees, what you need to know featuring Dean Stockford and Len Suzio.   Brought to you by GeoDataVision and M&M Consulting

Politics is just that politics, but what should we look into? Len Suzio,  Early voting, or absentee voting latest poll results on Logan v Hayes

Callers talks about the state of the education system in CT. Len Suzio calls in to discuss some local and national races as we get close

Bob Stefanowski checks in on his bus tour across CT Former State rep. Len Suzio checks in on the abortion debate.

In this podcast, CRA expert Len Suzio explains how the CRA is being applied in the field with respect to Assessment Areas. The trend is for regulators to insist on expanded Assessment Areas which can dramatically increase the potential for failing a CRA exam due to inflated and unrealistic performance standards associated with Assessment Areas that a bank's branch network is not structured to serve. Don't miss this important topic. Be prepared for regulator pressure on your Assessment Area configuration! Brought to you by GeoDataVision and M&M Consulting

When will the party get behind the candidates (seems like I type this a lot) Is Todd upsetting the wrong people, his thoughts may be hurting feelings. Len Suzio talks abortion amongst candidates and the differences in society.

Todd opens the show fielding some calls, before being joined by Len Suzio to expand on the prices of energy, and the potential heating oil crisis coming this winter. Tune in 3-6 PM EST weekdays on WTIC NewsTalk 1080; or on the Audacy app!

Todd continues to expand on the fallout around the breaking story out of Cos Cob elementary, before being joined by Len Suzio to expand on his perspective as a former politician in the state. Tune in 3-6 PM EST weekdays on WTIC NewsTalk 1080; or on the Audacy app!

Todd is joined by Len Suzio to expand on the stark cost of the Student Loan forgiveness, and the unrealistic nature of this move from Biden and the White House. Tune in 3-6 PM EST weekdays on WTIC NewsTalk 1080; or on the Audacy app!

Todd continues to break down the news around Trump and the guilty plea from Weisselberg, as callers share their opinions with Todd. Todd then is joined by Len Suzio to speak on the danger of going after former leaders with the current state of politics. Tune in 3-6 PM EST weekdays on WTIC NewsTalk 1080; or on the Audacy app!

Todd is joined by former CT Senator; Len Suzio, to expand on some of the details around changes to the policy around the national banking system, as lawmakers try to sneak through new policy without voting on said policy. Tune in 3-6 PM EST weekdays on WTIC NewsTalk 1080; or on the Audacy app. 

Todd is joined by former CT State Senator, Len Suzio, to expand on the taxation of the CT residents, and the reality of what the high paying residents see day to day in this constantly rising market. Tune in weekdays 3-6 PM EST on WTIC NewsTalk 1080; or on the Audacy app!

Todd takes some calls, before being joined by Len Suzio to expand on the news around the gas tax pause nationally, and how that impacts the price in CT,  and the overall long term negative impact this has on the nation. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

This podcast addresses the most significant aspects of the 2022 CRA NPR, including the projected 500% increase in CRA Exam failure rates detailed in the NPR. In the podcast noted CRA expert Len Suzio discusses the "Double Jeopardy" for Intermediate banks and the "Double Whammy" for Large banks including the most radical changes in Assessment Area delineation and the "Calibrated" performance rating scale. Mr. Suzio warns about the 500% increase in CRA exam failure rates projected by the Agencies based on the implementation of the NPR and what are the factors precipitating such an adverse impact. This is a must-listen-to podcast for every bank and bank compliance officer.   Sign up for webinar https://mandm.consulting/cra-npr2022/   Brought to you by GeoDataVision and M&M Consulting

Todd opens the show wrapping up some discussion around the Beatles following the T2 segment. Todd then catches up on the rant line, with calls on Biden, Jolly Ned, and even Len Suzio. Todd then asks listeners their opinions around bumper stickers, specifically politically motivated ones. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Todd opens the hour joined by Len Suzio, to break down the logic behind some of the state spending, and specifically the issues around the unlimited budget seen in the state around UCONN. Todd then is joined by Red Jahncke to expand on his latest opinions on The-Red-Line.com. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Who in their right mind would buy a single banana? Len Suzio talks about coming in with an impact. Gas prices are high, but what is the state going to do to fix it? Electric cars, we can not even support the grid supply as we have it now!

Todd continues breaking down the narratives around guns and gun control following the continued mass shooting coverage as these tragedies continue to occur. Todd then is joined by Len Suzio to break down the latest around the Sussman trial down in DC. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Many bankers are casual about understanding the different bank size categories in the application of the CRA regulations. But transitioning from one size category to another has profound implications that banks need to understand and prepare for. In this podcast CRA expert Len Suzio goes beyond explaining the different size categories. He explains what happens and when it happens as a bank moves from one size category to another. Brought to you by GeoDataVision and M&M Consulting

Len Suzio joins the program to speak with Todd on the constantly rising energy costs here in the state of Connecticut. Todd and Len debate why the prices continue to hurt residents, and the problem with Eversource and CT, as the lack of an open market continues to pull more from voters. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Todd opens the second hour with the Rants, with comments on inflation, electric cars, paying yourself, and even a couple shots at Producer Anthony. Todd then is joined by former CT Senator, Len Suzio, to. speak on his latest insight on the political landscape as the election season is in full swing. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Todd opens the show with rants and the news of the day, as plenty of topics are discussed from the budget, to baby formula, and the COVID test rate in the state. Todd then is joined by Len Suzio to expand on his current perspective regarding the state budget, as well as what he thought of "2000 Mules" and how this ties to election integrity. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Todd opens the show joined by Len Suzio to speak on the polarizing abortion discussion since the Roe v Wade leak earlier this week. Todd and Len speak on the simplification of the issue on both sides of the aisle. Todd then speaks with Michael Liebowitz to react to the Len interview, and add his own two cents. Finally Reese Hopkins joins the program to expand on his thoughts of the week. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

A new insight into PPP loans reveals that it may be easier to substantiate them as qualified community development loans. One of the 4 different definitions of community development under CRA is the "economic development" definition. To be qualified for economic development a PPP loan had to meet the "size" test and the "purpose" test. However, banks were not required to collect the gross annual revenues of a PPP loan borrower and therefore did not have the data to substantiate whether the borrower met the size test. Noted CRA expert Len Suzio points out that all PPP loans had to meet the SBA size standards to be eligible to receive a PPP loan. That heretofore unrecognized fact means that every PPP loan is, ipso facto, qualified under the size test applied for economic development purposes. Brought to you by GeoDataVision and M&M Consulting  

Todd opens the hour expanding on the conversation regarding religion and faith, before taking a turn to speak on animals and the psychology of humans in regard to how we treat animals in society. Todd then is joined by Len Suzio to speak on the latest on the state union deal, and how this continues to cripple CT tax payers. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Todd fields calls on the middle class, and a few reactions to policy and how the CT GOP can move forward following the comments from Len Suzio. Todd then is joined by Reese Hopkins to speak on his latest perspective on the racial political agenda, and the lack of awareness from their leadership Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app! 

Todd is joined by Len Suzio In-studio for the entire hour, they first breakdown some of the school curriculum seen in CT, and the experience Len has around this as a former state politician. Todd and Len then go into Lamont and the upcoming vote this Monday on SEBAC and the involvement around the CT Gov and Union contracts, usually then raising taxes for CT residents. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app! 

Todd expands on the state worker story with more calls from people who work for CT, and weigh in on their own personal situation. Todd then has callers react, before being joined by Eva Bermudez Zimmerman on her vision with the coming election. Todd then rounds out the hour with Len Suzio to speak on the simple nature of voting for unions or against taxpayers. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!

Todd gets some Rant Line calls going, then compares temporary tax cuts to the cost of rip-off state government, and he takes a tardy call from former state senator Len Suzio. Plus - there's Alex Jones, no-showing for court again. Tune in weekdays 3-6 PM EST on WTIC Newstalk 1080 ;or on the new Audacy app!