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ICYMI: Rubio Joins America Reports

U.S. Senator Marco Rubio (R-FL) joined America Reports to discuss President-elect Donald Trump’s historic victory, Democrats’ proclamation of “resistance,” and the failure of identity politics. See below for highlights and watch the full interview on YouTube and...

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Inauguration Ticket Information

Senator Rubio's office is pleased to be issuing a limited number of tickets to President-elect Donald Trump's inauguration ceremony, which will occur on January 20, 2025 at the West Front of the U.S. Capitol. Floridians interested in receiving tickets should fill out...

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ICYMI: Rubio Joins Hannity

U.S. Senator Marco Rubio (R-FL) joined Hannity to discuss President-elect Donald Trump’s historic victory. See below for highlights and watch the full interview on YouTube and Rumble. On the ongoing realignment among American voters: “The Republican Party now reflects...

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St. Petersburg Times Letter to the Editor from Senator Rubio

Oct 6, 2011 | Blog

‘Reform’ hurts consumers

By U.S. Sen. Marco Rubio, R-Fla.

October 6, 2011

http://www.tampabay.com/opinion/letters/thursdays-letters-help-for-those-with-pre-existing-conditions/1195368

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.