I was heartened by the Fed's recent announcement that it will finally create its own real-time payment system which will help low-income families save billions of dollars each year in overdraft fees and exploitive check cashing and payday lending costs.
Janice Schakowsky: “I was heartened by the Fed's recent announcement that it will finally create its own real-time payment system which will…”
On the recordNovember 13, 2019
Source
congress.govEditor's note · Context
Schakowsky expresses support for the Fed's new payment system to aid low-income families.
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