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The Latest: Trump says small firms need access to capital


              President Donald Trump, accompanied by Cape Cod Five Cents Savings Bank CEO Dorothy Savarese, center, and National Economic Council Dir...

              Cape Cod Five Cents Savings Bank CEO Dorothy Savarese listens at right as President Donald Trump meets with leaders from small communit...

              President Donald Trump speaks in the Roosevelt Room of the White House in Washington, Thursday, March 9, 2017, during a meeting with le...

              FILE- In this March 6, 2012 file photo, an FBI poster showing a composite image of former FBI agent Robert Levinson, right, of how he w...

              FILE--In this Dec. 18, 2007, file photo, Christine Levinson, left, the wife of a missing American former FBI agent, her son, Daniel, an...

President Donald Trump, accompanied by Cape Cod Five Cents Savings Bank CEO Dorothy Savarese, center, and National Economic Council Dir...

Cape Cod Five Cents Savings Bank CEO Dorothy Savarese listens at right as President Donald Trump meets with leaders from small communit...

President Donald Trump speaks in the Roosevelt Room of the White House in Washington, Thursday, March 9, 2017, during a meeting with le...

FILE- In this March 6, 2012 file photo, an FBI poster showing a composite image of former FBI agent Robert Levinson, right, of how he w...

FILE--In this Dec. 18, 2007, file photo, Christine Levinson, left, the wife of a missing American former FBI agent, her son, Daniel, an...

WASHINGTON (AP) — The Latest on President Donald Trump (all times local):

11:52 a.m.

President Donald Trump says access to capital must be preserved because small businesses provide nearly half of all private-sector jobs.

Trump spoke at a White House meeting with members of the National Economic Council and CEOs of small and community banks.

Trump says the discussion is crucial to his jobs agenda. He says community banks are important job creators because they provide half of all loans to small businesses. But he says that loan activity has been dwindling.

Trump also highlighted a recent executive order that he says will help these banks make loans.

Treasury Secretary Steve Mnuchin (mih-NOO'-shin) and Gary Cohn, the council's director, attended the meeting, along with bank executives from Massachusetts, Nebraska, Pennsylvania, Washington state and Texas.

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10:16 a.m.

The Trump administration vows to maintain an "unwavering" commitment to locating an American citizen who disappeared from Iran's Kish Island a decade ago.

The White House says in a statement it "will spare no effort" to bring Robert Levinson home. The former FBI agent was working on an unauthorized CIA mission when he disappeared in Iran in 2007.

The statement issued Thursday says his "family has suffered too much during the last decade" due to Levinson's absence.

A $5 million reward is available for information that leads to Levinson's location and safe return.


Updated : 2021-05-09 09:49 GMT+08:00