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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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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Forty imaginary dollars from one real dollar.

Coffee Brown, University of New Mexico, Talk Radio News

Rep. Peter Welch (D-Vt.) and Maurice R. Greenberg, former Chairman and CEO of American International Group discuss regulating financial leverage, which went as high as "30 to 40 to one" within AIG.

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