Barack Obama, Bank Fees | featured news

Obama chides banks, taps anger over Wall St

President Barack Obama launched a broad onslaught against banks on Thursday, tapping into public anger over rising fees to garner populist support ahead of his 2012 re-election campaign.

 

Obama blasts Bank of America debit card fee

President Obama slammed Bank of America’s $5 debit card card fee in an interview with ABCnews.com and Yahoo on Monday, calling the charge “not good business practice.”

 

Geithner: Bank fee would recoup AIG bonuses

Geithner: Bank fee would recoup AIG bonuses

Treasury Secretary Tim Geithner says Congress can recoup "outrageous" bonuses for AIG employees through a new bank fee in President Barack Obama's proposed budget.

 

Obama Weighs Bank Fee to Help Cut the Federal Deficit

Though details are sketchy, the fee would recover money put up to bail out the banks, a rescue that has contributed to the largest deficit since World War II.

 

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