A recent Wall Street Journal editorial correctly pointed out the costs to us ordinary Americans of a variety of Progressive-Democrat President Joe Biden administration plans. The editors were particularly concerned with the administration’s plans for bank and credit card fees that these institutions charge individuals who overdraw their account or make late payments on their credit cards and that these institutions charge businesses for using the various ATM and credit card payment networks.
The Consumer Financial Protection Bureau, the agency proximately responsible for the latest round of regulations capping those fees at markedly lower levels,