Obama: Banks Don’t Have ‘Inherent Right’ to ‘Certain Amount of Profit’

Susan Jones CNSnews.com 10/4/2011

President Obama suggested on Monday that the nation’s banks should “take a little bit less of a profit” rather than raise fees on customers.

In an interview with ABC’s George Stephanopoulos, Obama was asked if the government can stop banks from imposing a new debit card fee on their customers.

“Well, […]