On the recordApril 9, 2025
My constituents are struggling with high costs and inflation, and more and more families are living paycheck to paycheck, and still the supporters of this bill are trying to increase their fees? I can't and I won't get behind that. It is out of touch. Not only is that hurting our families, but it is also unfairly penalizing our kids, who are trying to learn financial responsibility. My son recently got a debit card. He is 14, and he uses it for small stuff and things like buying PlayStation skins, Fortnite skins, whatever kids buy. If he accidentally spends more than he has, $35, in my opinion, is too high of a penalty. The average American kid would have to work 5 hours at the Federal minimum wage to get that back. I think that is crazy. Every American should have the opportunity to participate in our economy and not be on their knees when they do. I strongly oppose this resolution, and I support the rule to cap overdraft fees at $5.
Source
govinfo.gov




