Billions of Reasons for Banks to Raise Your Checking Fees

There's bad news on the way for the country's banks -- and that could, in turn, translate to bad news for American banking customers, experts say. In Congress, lawmakers are considering an amendment limiting "interchange fees" -- the fees banks charge to merchants each time consumers use debit cards at their stores -- while, at the Federal Reserve, officials are preparing to implement new rules next month stopping banks from automatically charging overdraft penalties for ATM and debit card...Full Story
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