Economics:

Official: New Bank Fees Will Raise Tens of Billions for Feds

The bank fees President Obama will propose in his 2011 budget will not seek to raise $120 billion, as has been reported, and will be targeted toward large banks and their risk-oriented transactions, a senior administration official told Fox News on Tuesday.

View Source: http://www.foxnews.com/politics/2010/01/12/official-new-bank-fees-raise-tens-billions-feds/?test=latestnews

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