Terri Friedline Submits Comments About Overdraft Fees to U.S. House Committee on Financial Services

Associate Professor Terri Friedline submitted written comments about the elimination of overdraft fees to the U.S. House Committee on Financial Services March 31, 2022 hearing. “If private banks remain unable or unwilling to take the steps necessary for creating equal, dignified access to retail financial services, then they should step aside and enthusiastically support options such as postal banking, public banking, mission-driven Community Development Financial Institutions, and mutual aid or solidarity economy networks, which are dedicated to serving people in need without charging expensive fees and adding to burdensome debt,” she writes.