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'Today' Praises Bank of America's New Overdraft Policy, Fails to Explore Negative Side of Coming Regulation

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NBC’s “Today” gave backhanded praise to Bank of America (BofA) on March 11 because of its decision to stop charging overdraft fees for debit-card transactions.

“This is clearly an effort by Bank of America to repair its battered image,” senior investigative correspondent Lisa Myers said. “But it’s also a meaningful step that will save consumers money and keep families from spending more than they have.”

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