Democrats agreed to strip out a $19 billion bank fee to win key Republican votes.
This can help the depositor save on the costs of transporting checks and in bank fees.
In this endeavor, he worked to pass a bill to reduce electricity charges for poor families and headed an inquiry into bank fees.
The school charges a $1.25 service fee on top of the individual user's bank fees.
That was the sense last week when the Government proposed slashing bank fees for deposit insurance - by perhaps $ 5 billion a year.
The bank fee is sound economic policy and offers a fair revenue source.
The focus of last week's meeting was to discuss increases in bank fees, possible lawsuits and legislation.
Compared to payments by credit cards, which allow similar usage, bank fees for successful collections are much lower.
"The market is too competitive to raise bank fees," he added.
The heirs received the $10 million, which included the money in the accounts plus interest and refunds of bank fees.