Carolyn Maloney actually said...

We intend to change the law to allow that to happen. We must strengthen the Consumer Product Safety Act.

Bank overdraft fees are outrageously priced, predatory, and beyond the scale of what a reasonable charge should be for this service.

Those who are trapped are often cash-strapped hardworking Americans and college students who are struggling to pay their bills.

I plan to soon reintroduce my legislation, the Overdraft Protection Act, to crack down on unfair, predatory overdraft fees.