Showing posts with label financial regulatory reform. Show all posts
Showing posts with label financial regulatory reform. Show all posts

Thursday, May 13, 2010

Gillibrand: Stop bank fees for paper statements

While the U.S. Senate continues to draft legislation aimed at protecting taxpayers from banks and lenders, New York’s junior Senator Kirsten Gillibrand is looking to protect North Country families from bank fees.

In a statement released by Gillibrand’s office, the Democratic senator notes that many banks nationwide are introducing fees for customers who don’t switch to paperless, electronic billing.

Gillibrand says this punishes approximately two millions New York households that don’t have access to the internet.