UH-OH. EVEN NEW OBAMA-ERA FINANCIAL REGULATOR NOT MEETING OBAMAESQUE FINANCIAL REGULATORY STANDARD.
President Obama, on BofA’s new debit card fee , October 4: “This is exactly why we need this [CFPB]. We need somebody whose sole job it is to prevent stuff like this.”
Right he is! Oh, wait:
Bloomberg, this morning: “Obama Consumer Watchdog Said to Have Known About Bank of America Debit Fee”