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Americans say government regulation of banks isn’t working, but don’t want more
“Wall Street banks are once again drawing national criticism, this time due to JPMorgan Chase’s $2 billion loss from high-risk trades. Yet while Americans believe the federal government is doing a poor job keeping an eye on the banking industry, most still aren’t convinced more regulations are needed,” a new Rasmussen reports poll finds. “The […]
Read moreObama’s bank controls mean higher fees for the poor
“Bank of America Corp. is working on sweeping changes that would require many users of basic checking accounts to pay a monthly fee unless they agree to bank online, buy more products or maintain certain balances,” The Wall Street Journal reports this morning. “The search for new sources of income is especially pressing at Bank […]
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