06/28/2010
https://www.congress.gov...
"I strongly support your confirmation. And as I said at the outset, I believe you are the right person at the right time to do this job."
"My concern is that if we give a choice in a static environment, where I opened an account 2 years ago and I opted into this thing and I had no idea that I would be incurring this fee, that is the prob..."
"It seems to me it is----"
"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."