Congress: Cap ATM Fees at 50 Cents
Written by
MadameNoire
Published on
May 15, 2010
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(CNNMoney.com) — As Congress debates the new rules of the road for the U.S. banking industry, some lawmakers have an ambitious proposal: They want to cut ATM fees. Last week, a trio of Democratic senators led by Iowa’s Tom Harkin proposed capping automated teller machine fees at just 50 cents.
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