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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, […] October 5th, 2011 | Tags: bank fees, Consumer Finance Protection Bureau, debit card transactions, Dodd-Frank Wall Street Reform and Consumer Protection Act, Richard Cordray, Sen. Dick Durbin | Category: Banking and finance, Barack Obama, federal regulations, Federal Reserve | Comments are closed
Blake Ellis CNN Money 3/10/2011 NEW YORK (CNNMoney) — Declined! Your debit card may soon be denied for purchases greater than $100 — or even as little as $50. JPMorgan Chase, one of the nation’s largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of […] March 11th, 2011 | Tags: debit card transactions, interchange fees, Rep. Barney Frank, Sen. Christopher Dodd | Category: Banking and finance, Federal Reserve | Comments are closed
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