ABA CEO to Congress: Misguided Campaign Against Fees Will Harm Rather Than Help Consumers
May 10, 2024
May 10, 2024
WASHINGTON, May 10 -- The American Bankers Association issued the following news release on May 9, 2024:
Ahead of today's Senate Committee on Banking, Housing, and Urban Affairs hearing examining fees in the financial services and rental housing sectors, ABA President and CEO Rob Nichols sharply criticized the administration for engaging in a political campaign to denigrate legitimate, transparent and well-disclosed fees for banking services.
"Today's Senate hearin . . .
Ahead of today's Senate Committee on Banking, Housing, and Urban Affairs hearing examining fees in the financial services and rental housing sectors, ABA President and CEO Rob Nichols sharply criticized the administration for engaging in a political campaign to denigrate legitimate, transparent and well-disclosed fees for banking services.
"Today's Senate hearin . . .