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Entries in Bank fees investigation (3)

Thursday
Oct132011

Ellison Encourages Debit Card Fee Investigation

Rep. Keith Ellision (D-Minn.) says that having Attorney General Eric Holder investigate debit interchange fees will signal to the market that it is not okay to engage in collusion. (0:20)

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Thursday
Oct132011

Banks Offset Revenue Loss Through Consumers, Says Lawmakers

Rep. Peter Welch (D-Vt.) says that as soons as Congress and the Federal Reserve Board implemented a consumer protection plan, some banks were asked to regroup and create ways of paying debit cards use fees by the Texas Bankers Association. (0:36)

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Thursday
Oct132011

Rep. Peter Welch Calls For Bank Fee Investigation

Rep. Peter Welch (D-Vt.) says there is historical evidence that banks use their monopoly to impose unfair and anti-competitive burdens on consumers and depositors. (0:27)

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