Money File
Wednesday, June 18, 2008NBR's recurring feature designed to increase your money IQ.
The MONEY FILE brings you insight on money matters from some of America's top business journalists and editors.
The MONEY FILE commentator for Wednesday, June 18th is...
...HARRIET JOHNSON BRACKEY, personal finance columnist at the South Florida Sun-Sentinel. This time, Brackey tackles bank and credit card fees, which she says "are out of control." The Federal Reserve is considering proposals that could rein in these fees, and she wants consumers to get involved.
Related NBR Stories & Links
- 02-08-08: The Credit Card Interest Rate Increase is in the Mail
- 01-25-07: Credit Card Companies Come Under Fire on Capitol Hill
- 11-02-06: "Commentary" - The Bottom Line About Bank Fees
External Links/Articles*
- The Federal Reserve
The Federal Reserve is the U.S. central bank. This links to a May 2, 2008 press release issued by the Fed that details the banking rule changes it is considering. Look for the discussion of Regulation AA - Unfair or Deceptive Acts or Practices (R-1314). This is the regulation at the center of Harriet Johnson Brackey's Money File commentary. The press release also includes a "Submit Comment" link and a "View Comments" link.
*Clicking this external link will take you off the NBR web site on PBS.org. NBR has no affiliation with this site.
Additional Ways to Comment
You can comment online via the Federal Reserve link listed above, or you can comment via email or regular mail. Here's the information you need:
- Send an email to regs.comments@federalreserve.gov. Include "Docket No. R-1314 in the subject line.
- Send a letter to Jennifer J. Johnson, Board of Governors of the Federal Reserve System, 20th Street and Constitution Ave, NW, Washington DC 20551. Identify your comment by including "Docket No. R-1314" on the top of your letter.
