Shifting $677m from the banks to the people, every year, forever (permalink)

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   Kathy E. Gill 🇺🇦 (kegill@mastodon.social)'s status on Saturday, 02-Nov-2024 07:13:19 JST Kathy E. Gill 🇺🇦

   The #Biden Administration once again writes rules that turn monopolies into competitive markets. This time: banks.

   Switching costs are real. And now quantified for banking.

   Reminder: monopolists and oligarchs pay lip service to “competition.” That’s why they are suing to stop this final reg.

   From @pluralistic

   https://pluralistic.net/2024/11/01/bankshot/

   Also
   https://www.eff.org/deeplinks/2024/10/no-matter-what-bank-says-its-your-money-your-data-and-your-choice

   #competition
   #Election2024
   #USPolitics
   #finance
   #harris