@MoiraEve@mastodon.world that's another great example of a fee that has always seemed extremely transparent to me.

When a person signs up for a bank account they are given all of the terms very clearly. Things like overdraft fees are put right in front of the person's face. And if you spend more money than you have, well, what does the person think is going to happen?

This isn't rocket science.

Does Biden want to take that option away from people? Because I don't know how banks can be any more transparent than they already are. I mean banks already annoy me repeatedly mailing me information on their terms. In my experience they are transparent to a fault, and I really wish they wouldn't be.

As far as I can tell banks trip over themselves providing basic information to their customers, so what is he talking about?