Saturday, February 10, 2018

Month After Getting $3.5 Billion Tax Break From Trump, Bank of America Hikes Fees on Poorest Customers

https://www.commondreams.org/news/2018/01/23/month-after-getting-35-billion-tax-break-trump-bank-america-hikes-fees-poorest
"Consumer advocates and banking customers are expressing outrage after an announcement by the Bank of America that it would begin charging fees to account-holders who maintain low balances. The decision, announced Monday, comes a month after the Republican tax law gave the bank an expected $3.5 million tax break, and less than a week after it posted $2.4 billion profits in the last quarter of 2017."