ATM fee limitation in bank-overhaul bill

The bank overhaul bill making its way through Congress looks to possibly include a limit on bank ATM fees – you know, the ones you pay when using an ATM at a bank that is not yours.  These fees average about $2.66 per transactions according to the Federal reserve, but actually cost banks much less than 50 cents.  The amendments to the bank overhaul bill would cap fees at 50 cents per transaction.

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