Tag: Bank of America

By Kelly McCutchen and John Berlau The news that Bank of America is again testing new fees is likely to prompt even more consumers, in Georgia and other states, to take their business away from big financial institutions and give it to regional banks and credit unions. While competition is the American way, it’s important to note that Bank of America and other banks are responding to federal price controls that raise costs for debit card processing. Now, smaller banks and credit unions (and their customers) are at risk from the same Washington price controls. These price controls, contained in the Durbin Amendment of “Dodd-Frank,” the so-called financial reform law Congress rammed through in 2010, offer no tangible benefits to… View Article

The Georgia Public Policy Foundation has hit another homerun with its Guide to the Issues. This is must reading for anyone interested in public policy in Georgia, and it is an outstanding road map for conservative, common sense solutions to our challengers of today and tomorrow.

Former Georgia Senate Minority Leader Chuck Clay more quotes