11/30/2010
https://www.congress.gov...
"Shouldn't we today in the 21st century... have responsible people at a responsible regulatory body making these kinds of decisions."
"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."
"We also urge the Senate to enact Senator Dodd's legislation to create the Consumer Financial Protection Agency."
"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."