These fees provide no economic value. They are a drag on the American economy, and business school economists call this, quote, 'rent seeking.'
Raphael Warnock: “These fees provide no economic value. They are a drag on the American economy, and business school economists call this…”
On the recordJuly 25, 2023
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congress.govEditor's note · Context
Warnock criticizes certain fees as economically harmful and unnecessary.
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