Crypto Execs Urge Trump to Halt Big Bank Fees on Customer Data

A group of executives from the crypto and fintech industry has urged President Trump to block fees levied by major banks for access to customer data, arguing that these fees stifle innovation and limit consumer choice. The plea comes in a letter addressed to the President, which argues that this action underpins the Trump administration’s commitment to a dynamic and competitive US economy but faces a direct threat from the nation’s largest banks.