🔥 OVERDRAFT FEE SMACKDOWN! Elizabeth Warren Eviscerates Greedy Banker for Billions in Overdraft Fees
May 26, 2021
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9:06Now Playing🔥 OVERDRAFT FEE SMACKDOWN! Elizabeth Warren Eviscerates Greedy Banker for Billions in Overdraft Fees
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as posted by the channel🔥 Elizabeth Warren EVISCERATES Bank CEO For Taking $1.5 BILLION in Overdraft Fees During Pandemic
I know most people reading this have faced this yourself. I did while I was a teacher. I will never forget what the local branch manager told me when I asked her why they would do poor people like this. She said, "We have to make money off of you somehow."
You absolutely must see this clip of Elizabeth Warren ripping JP Morgan and Chase CEO, Jamie Dimon, for raking in $1.463 BILLION in overdraft fees from poor Americans during the pandemic.
While Chase and other banks got waivers from the Federal Reserve, they refused to extend these waivers to their consumers. Why would they when the overdraft fee industry in 2020 generated nearly $30 Billion for banks?
I know most people reading this have faced this yourself. I did while I was a teacher. I will never forget what the local branch manager told me when I asked her why they would do poor people like this. She said, "We have to make money off of you somehow."
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