Reposted by Ilhan Omar
The statement informs about a policy change aimed at capping overdraft fees and criticizes the current banking practices that generate revenue at the expense of low-income individuals. It suggests that the CFPB is taking action to stop what is described as a 'predatory scheme.'
- The statement promotes understanding of a policy change and its impact on low-income individuals. [+1]Principle 4:I will engage in constructive criticism and dialogue with those in disagreement and will not engage in personal attacks or ad hominem arguments.
- The statement engages in constructive criticism of banking practices. [+1]Principle 5:I will acknowledge and correct my mistakes.
- The statement implies a positive action by the CFPB, which is in the interest of consumer protection. [+1]Principle 6:I will use my influence for the betterment of society.
- The statement responsibly engages in public discourse by informing about a policy change. [+1]Principle 7:I will uphold the principles of free speech and use my platform responsibly and with integrity.