Wall Street Journal Blasts White House And Senator Durbin Over Debit Card Rules
The Wall Street Journal’s lead editorial today, titled, “The Banker Baiters,” criticizes Washington, D.C. officials (including White House financial czar Elizabeth Warren, Treasury Secretary Tim Geithner, President Obama and Illinois Senator Richard Durbin) for their reactions to new debit card fees that have resulted from changes in banking policy mandated by the current Administration.