Tuesday, May 9, 2017

Not Serving The Public Good

Senate Republicans, including Rob Portman, aim to gut debit-card safeguards

A group of seven Senate Republicans are moving to gut consumer protections for prepaid debit cards before they’re enacted. The rules, aimed at providing many of the same safeguards that consumers take for granted with credit and debit cards, would require fee disclosures, fraud protections and limits on overdraft fees...........


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