Danielle,
Yesterday, big bank CEOs testified before the Senate Banking Committee. They came in prepared to talk about how they stepped up during the pandemic and took care of customers.
I called their act for what it is: a bunch of baloney. In fact, it was $4 billion worth of baloney.
And here's why: During the pandemic, federal regulators waived overdraft fees for all the big banks — and encouraged them to pass that help along to their customers. But instead of providing relief for struggling account holders, the big banks charged about $4 billion in overdraft fees in 2020.
So, if someone was laid off during COVID-19 and bounced a check, the big banks often tacked on a charge every time they stumbled — another punch in the gut to working people. Those fees disproportionately affected low-income and minority account holders.
I'm fighting to hold big banks accountable and crack down on abusive overdraft practices. But I can't do it alone.
Warren Democrats is working every day to elect progressive leaders who aren't afraid to call Wall Street CEOs out on their baloney. And right now, we're quickly approaching our end-of-month fundraising deadline.
If you're able to, can you chip in $15 or whatever makes sense right now to help hit our goal and make sure we can keep up the fight? If you've saved payment info with ActBlue Express, your donation will process automatically: | Thanks for being a part of this,
Elizabeth
Our next big fundraising deadline is coming up this Monday. Grassroots donors like you are powering the fight for big, structural change.
If you can, will you chip in $15 or whatever makes sense right now to help re-elect Elizabeth and put more Warren Democrats in office across the country?
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