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Obama Knocks Bank of America Debit Card Fee

'You don't have some inherent right to a certain amount of profit'

By Kevin Spak,  Newser Staff

Posted Oct 4, 2011 10:52 AM CDT

(Newser) – President Obama made waves in his latest interview with George Stephanopoulos of ABC, in which he spoke out against Bank of America’s unpopular new $5 fee for debit card users. “This is exactly why we need this Consumer Finance Protection Bureau,” Obama...   Read full story »

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