Banks with more than $50B in total assets will have to start paying a fee to cover the costs of...


Banks with more than $50B in total assets will have to start paying a fee to cover the costs of the Financial Stability Oversight Council and the Office of Financial Research, according to a rule proposed yesterday by the Treasury. Banks will face a flat rate collected twice a year; the Treasury hasn't yet specified the size of the fee.

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Comments (2)
  • 7footMoose
    , contributor
    Comments (2229) | Send Message
     
    Where else would the Government look for the fee to be paid? Oh yeah, this too will be passed along to the consumer via higher bank fees and interest charges along with lower service levels and lower deposit interest. Deposit interest, oh sorry, I forgot no one is being paid for deposits anymore. Thanks, Ben.
    30 Dec 2011, 06:06 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    is that real or imagined assets.....
    30 Dec 2011, 06:53 AM Reply Like
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