Dodd-Frank Costs BofA Customers $5 a Month

The news that Bank of America is going to charge customers $5 a month for using debit cards should come as no surprise at all to those who’ve been following that legislative monstrosity called Dodd-Frank. Following on from my previous post: There’s an excellent summary of just how the “bootleggers” of the big box stores joined with the anti-banking “Baptists” to kill off free checking by John Berlau over at Openmarket.

Iain Murray — Iain Murray is the Competitive Enterprise Institute's vice president of strategy. For the past decade with the Institute, he has concentrated on financial regulation, labor, employment and immigration regulation, and ...

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