PETITION CLOSED

  • The time period for signing this petition has ended.
  1. Signatures
    144 out of 200
    Petitioning
    1. The President of the United States (+ 5 others)
      Petitioning
      close
      • The President of the United States
      • The U.S. Senate
      • The U.S. House of Representatives
      • Your Governor
      • Your State Senate
      • Your State House
  2. Created By
    F D
    Chicago, IL
About this Petition Petition Letter

Banks in the United States are charging excessive fees. (ATM fees; Overdraft fees for checks and debit cards). This is directly taking spending money away from poor, working class, and middle class Americans and contributing to our economic collapse. It is also redistributing income from the poor to the rich (the reverse Robin Hood effect) that began in the 1980s with Reaganomics and trickle down economics. Banks have become legal loan sharks. The excessive fees they are now charging need to be reduced dramatically and capped.

Recent Signatures

Reduce and Cap Bank Fees

Dear Representative,

Banks in the United States are now charging excessive fees for overdrafts on checks and debit cards and ATM transactions. These fees are dramatically reducing the income of poor, working class, and middle class Americans and contributing to the current economic crisis.

These same banks have now received taxpayer money from the U.S. government. Banks should be required to dramatically reduce and cap the fees they are charging customers. This would bring some economic relief to U.S. citizens, and help the U.S. economy through additional consumer spending.

[Your name]

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