Christopher Dodd actually said...

"That's why I introduced--The Fairness and Accountability in Receiving Overdraft Coverage Act."

"Last week, the Federal Reserve, to its great credit, announced that they will require banks to get a consumer's consent before enrolling them in an overdraft coverage program."

"Today, we meet to discuss another abusive practice--misleading overdraft programs that encourage consumers to overdraw their accounts then slam them with a high fee."

"That is interesting."