This upcoming Sunday, the people of Venezuela will hold an election that, if legitimate, would put an end to years of the oppressive Maduro narco-regime. U.S. Senator Marco Rubio (R-FL) issued a statement in support of the Venezuelan people: “The...
News
Latest News
Rubio: “La Tenacidad y Valentía del Pueblo venezolano Estarán a la Vista”
Este próximo domingo, el pueblo venezolano tendrá una elección que, de ser legítima, pondría fin a años de opresión por parte del narco-régimen de Maduro. El senador estadounidense Marco Rubio (R-FL) grabó un mensaje de video en español y emitió una declaración en...
Rubio, Scott, Colleagues to Biden Admin: No Privileges Should Be Given to 9/11 Terrorist
Twenty-three years ago, the United States was attacked by Islamic terrorists on September 11, 2001. Now, Zacarias Moussaoui, the only person convicted in a U.S. court for his role in the attack, has requested the U.S. Department of Justice to allow a prisoner transfer...
Next Week: Rubio Staff Hosts Mobile Office Hours
U.S. Senator Marco Rubio’s (R-FL) office will host virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of Senator Rubio’s...
Rubio, Colleagues Introduce Ensuring Continuity in Veterans’ Health Act
As the U.S. Department of Veterans Affairs (VA) opens up new facilities, many veterans are losing access to the VA’s Community Care Program and, consequently, their long-term healthcare providers. Veterans throughout the country have reported a loss of care, including...
Rubio Introduces Bill to Strengthen U.S.-India Security Partnership
The U.S.-India partnership is vital to countering influences from Communist China. In order to strengthen this partnership, it is essential to enhance our strategic diplomatic, economic, and military relationship with New Delhi. U.S. Senator Marco Rubio (R-FL)...
St. Petersburg Times Letter to the Editor from Senator Rubio
‘Reform’ hurts consumers
By U.S. Sen. Marco Rubio, R-Fla.
October 6, 2011
In June, this paper accused me of putting “the financial interests of the nation’s biggest banks before small retailers and consumers” when I voted to delay an onerous regulation that I feared would increase banking fees and hit the wallets of Americans who are already struggling in this economy.
Last week, Bank of America announced it would implement a $5 monthly fee for those using debit cards. If you use your debit card just once – to buy groceries, gas or school supplies for your children – you will be charged the $5 fee. Bank of America is not the first bank to charge for checking accounts, as SunTrust started charging a $5 fee on its checking accounts this summer and Regions Financial will start a $4 fee next month.
At a time when Florida’s unemployment rate remains above 10 percent, we should be easing the burden of government regulation and lowering the costs of financial transactions in the process. Unfortunately, consumers are feeling the costs of a government that has extended its reach further into the economy with the so-called Wall Street “reform” bill.