Two Bits & Pepper
Two Bits amp Pepper is a 1995 family comedy about two young ladies who learn an important lesson thanks to TWO kidnappers, BOTH played by Joe Piscopo. The ner do well brothers kidnap two young girls and hold them for ransom. Fortunately for the girls, their talking equine pets step in. TwoBits the pony and his sidekick Pepper a horse make heroic maneuvers to out wit the kidnappers and save them but not without great danger to themselves.
Source: Wikipedia