The Trump administration's plan of "recap and release" would most likely mean a vast windfall for private shareholders and put the burden on taxpayers.

Traditional FIs are yielding more of the business to financial firms less bound by rules on safety and soundness. This needs to change.

As of December, an estimated $1.15 trillion of such loans were outstanding, more than twice as much as on the eve of the 2008 crisis.

Small business lending remains largely unregulated in the U.S., with no consistent requirements for clear disclosure of terms and interest rates.