Sep
30
“Every time Congress takes a step to protect consumers, the banks use it as an excuse to raise fees … That doesn’t mean Congress shouldn’t pass consumer protection laws.”
Mallory Duncan, general counsel for the National Retail Federation, in Ylan Q. Mui, “Bank of America to add $5 monthly debit card fee as era of low-cost banking ebbs,” The Washington Post, Sept. 29, 2011.
