WASHINGTON, D.C.–(ENEWSPF)–October 3, 2011. Assistant Majority Leader Dick Durbin (D-IL) blasted Bank of America’s new debit card fee in a speech on the Senate floor and in a letter to Brian Moynihan, CEO of the nation’s largest bank. Last week, Bank of America announced it would begin charging a $5 monthly fee for use of a debit card.
Durbin wrote: “[Y]our bank has decided to impose a significant new fee on loyal customers who simply…
