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Obama's Consumer Agency: Banks Fight To Protect Fees

First Posted: 07/26/09 06:12 AM ET Updated: 05/25/11 02:30 PM ET

Tarp Repayment

bloomberg.com:

June 25 (Bloomberg) -- U.S. banks are fighting the Obama administration plan to create a consumer agency for financial services as they seek to protect fees, such as credit-card penalties that have almost doubled to $19 billion in five years.

Read the whole story: bloomberg.com

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Filed by Ryan McCarthy  |