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Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked March 22, 2022

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Wed Dec 01 23:37:31 +0000 2021

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Pat Toomey (US Sen. ret.) @SenToomey

What’s more, consumers understand and voluntarily opt into overdraft programs. https://t.co/fLfTbBHvv6 — PolitiTweet.org

Posted Dec. 1, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

.@CFPB is distorting the facts in an attempt to make it look like big bank profits rely on overdraft fees. But the data shows this is simply not true. With very few exceptions—which are in fact small banks—overdraft fees make up a very small fraction of most banks' revenue. https://t.co/f0bcKcsp0H — PolitiTweet.org

Posted Dec. 1, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

An overdraft fee covers the cost of extending a loan to a consumer who lacks sufficient funds. Ban these fees then services like free checking and no-minimum balance accounts will disappear. — PolitiTweet.org

Posted Dec. 1, 2021