mr. sokolov. the cfpb recently sent a letter to the ceos of financial institutions informing them that they are now summit to the juris -- subject to the jurisdiction of the bureau. 26 of these lenders are on sba's list of 100 top lenders. these lenders issued a total of 5,334 loans for approximately 1.5 billion. that's just looking at sba's top 100 lenders and be only at their sba-backed loans. is cfpb considering how actions against larger institutions will impact small business lending? >> so the letter you're referring to to the ceos, mr. chairman, was sort of introducing our program of supervision. that's a program that is by statute focused on the depository side. it is focused on depositories with $10 billion in assets or larger and their affiliates, just to put that into full context. um, and that process of supervision which is, essentially, working with the institutions by sending examiners to them and understanding how, how they operate and understanding their businesses and understandi

mr. sokolov. the cp p -- cfpb recently sent a letter to the ceos of financial institutions, informing them that they are now subject to the jurisdiction of the bureau. 26 of these lenders are on sbas list of 100 top sba lenders. they issued a total of 5334 loans for approximately $1.5 billion. that's just looking at sbas top 100 lenders. and only at their sba-backed loans. if cfpb b -- is cfpb considering how actions against larger institutions will impact small business lending? >> so the letter that you are referring to to this ceos, mr. chairman, was sort of introducing our program of supervision. that's a program that is by statute focused on the depository side. it is focused on the depositories with $10 billion in assets or larger. and their affiliates. just to put that into full context. and those -- that process is supervision which is essentially working with the institutions by sending examiners to them and understanding how they operate and understanding their businesses and understandi