1. Why the Durbin Amendment to The Dodd Frank bill is just a hidden tax on the banking industry in an attempt to re ...

    Why the Durbin Amendment to The Dodd Frank bill is just a hidden tax on the banking industry in an attempt to re ...
    Recently, Bank of America announced what many other banks have been doing as a pilot program, which is to charge consumers a monthly fee (five dollars a month) for the debit card that they have issued. Senator Durbin was outraged at Bank of America for charging this fee to consumers for a service they provide.
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