The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr, Senate scallywags be lettin’ banks plunder yer gold with sky-high overdraft fees, matey! What’s next, walkin' the plank?

2025-03-27

Arrr, mateys! The scallywags in the U.S. Senate be raisin' the sails on a bill to let banks plunder our doubloons with hefty fees if our coffers be low! Tim Scott, the captain of this ship, be leadin' the charge to sink a fine rule that kept fees as low as five pieces of eight!

Arrr, mateys! Gather ‘round as I spin ye a yarn o’ grand folly from the hallowed halls of the U.S. Senate! ‘Twas a day like no other, when the scallywags in fancy suits decided to let banks plunder the pockets o’ landlubbers with fees fit for a pirate’s treasure chest!

On a fine Wednesday, the Senate, led by the crafty Sen. Tim Scott from the land of South Carolina, heaved a bill overboard—one aimed at freeing the banks from the chains o’ reason imposed by the Consumer Financial Protection Bureau, or as I like to call it, the CFPB! Under the previous captain, Joe Biden, they dared to cap them overdraft fees to a measly five doubloons! But nay, the senators declared, “Let the banks feast!”

So, with a hearty cheer, they voted along party lines, settin’ the stage for the banks to charge their customers as much as they please when they be sailin’ low on doubloons! Aye, it seems the only ones who’ll be walkin’ the plank here are the poor souls with empty coffers! A fine day for buccaneers in suits, but a dark storm brews for the common folk! Arrr!

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