All the extra debt they get could have been bank fees, why don't you think of the starving CEO's, else they can't afford their Beluga Caviar and Dom Pérignon dinners.

Usually the defense behind banks 'allowing' overdrafting is that surely you wouldn't want to miss paying a bill because your paycheck hasn't landed yet. So the argument here would probably be if you cap overdraft fees, then banks won't allow overdrafting anymore and then poor families will have their electricity shut off and get evicted.

So the argument is essentially if the poor don’t have overdraft fees, someone else like the middle class will have more fees?