Tag Archives: interchange fees

The End of Free Checking?

“The decline of free checking is the first of many middle-class perks likely to vanish in the rush to regulate.”

That was the conlcusion of John Berlau, director of the Center for Investors and Entrepreneurs at the Competitive Enterprise Institute. Berlau’s recent oped in the Wall Street Journal lamented the loss of certain conveniences that banks have sacrificed to comply with new financial legislation and regulations. Continue reading

Posted in Public Policy: Legislation, Public Policy: Regulation | Tagged , , | Comments Off