Banking industry comes under fire

TERRE HAUTE, Ind. (WTHI) - In a press conference Friday at the Vigo County Courthouse, Democratic State Treasurer nominee Pete Buttigieg announced his plan to hold banks accountable.

Buttigieg believes the state government should be more selective about the banks with which it does business.

He says this would encourage banks to be more responsible, because if they are not, they would not do any business with the government.

"The way we choose who gets that business says a lot about who we are, it says a lot about our expectations and values. If we do it in the right way, I think we can create more jobs and I think that we can protect consumers," Democratic State Treasurer Nominee Pete Buttigieg said.

One way Buttigieg said his plan would create jobs, would be to encourage banks to give loans to businesses.