attack in the strongest possible terms. cnn foreign affairs correspondent jill dougherty is at the state department. we heard some strong words. any action to follow? reporter: no action because really what they have to do is get the syrian government to protect these diplomats. it is not just the u.s., candy. it is the french have gone through some similar things. but so far these incidents seem to be escalating. listen to what secretary clinton said specifically about protecting those diplomats. this attempt to intimidate our diplomats through violence is wholly unjustified. we immediately raised this incident with the syrian government and we are demanding that they take every possible step to protect our diplomats according to their obligations under international law. reporter: so that is the u.s. position, candy is that this is basically ginned up by the syrian government, having people coming out to attack or do something to the u.s. ambassador and others. now,
i don t. i don t either. neither do i, but a lot of you do. debit cards are the number one way to pay. and over 70% of folks who have debit rewards, well, they are going bye-bye. cnn money reports that big banks are set to cancel the debit rewards programs. wells fargo and wachovia will end their debit rewards for new customers by april 15th. jpmorgan chase making a lot of changes lately by july 19th. no more rewards for existing customers. and suntrust, no rewards for new customers as of april 15th around tax day, and all current customers, your rewards will expire on january 1st of 2012. now, what s happened already with your debit? we know this is an ongoing saga. atm fees have been hiked by as much as $5 if you re a non-customer. and banks have threatened to limit debit card transactions. we ve heard that from chase from $50 to $100. why is all this happening? well, the fed is looking to limit the fee per swipe paid by vendors to 12 cents a swipe.
i don t need fees. nobody wants fees. the fed actually wants to help us out. they wanted to cut the late fees on debit card transactions. you remember this was part of dodd-frank. we thought this was great news. yeah, for a hot minute. we my the banks would figure out how to make some of that revenue back, about $9.8 billion. the journal is reporting this morning they may impose a $25 or $30 annual fee on debit cards. some may also try to limit the number of debit card transactions consumers can make each and every month or even the amount of stuff people are buying. some other things on the table is potentially raising atm fees for noncustomers or doing away, cloers your ears, with that free checking. great. those fees add up, especially the atm fees. you have to be really, really careful. nicole lapin, thank you so much.
those new federal overdraft rules dp into effect today. the once that are supposed to help the bank customers. before you hit the atm you ll want to hear what i have it say. right now banks don t handle transactions in the order they receive them. the biggest deposits first, what does it mean? the money you add today your account may still be in the banks to do stack when you go to withdraw it. last week, a federal judge ordered wells fargo it pay more than 200 million to customers for the way they process debit card transactions. practically guaranteeing overdraft fees, but the company is appealing the judge s decision. bank of america, citibank and chase are reportedly not changing their current policies. and speaking of money, who can forget the record stimulus package. remember how we were told it would jump start the u.s.
companies to charge less for debit card transactions, all part of the financial reform package if it passes. right now, you re seeing what police say is in texas what police in texas saw. you have a car with hazard lights on driving about 80 miles per hour swerving in and out of lanes, do you see that? little did they know the driver was racing to get his brother to the hospital. after arriving at the emergency room, he was confronted. listen. really bad, like the fifth one he s had. i was trying to keep my brother alive. raymond failed a sobriety test and was charged with d.w.i. gerald smith credits his brother with saving his life. so he had a few but his brother was in a catastrophic situation. president obama getting a reception at famous wings in buffalo, new york yesterday when an outspoken woman told the president this. you re a hottie with a smoking little body. he then had this to say to the