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John Berlau is the director of the Center for Investors and Entrepreneurs at the Competitive Enterprise Institute. On December 7th, 2011 John was on the Jim Bohannon Show on the Dial Global radio network. Just over two months ago, one of the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act most affecting consumers went into effect. As of that date, financial institutions were prohibited from charging a fee of more than 24 cents for each "interchange transaction," such as the use of a debit card to make a purchase. It was this rule that led Bank of America to try to assess a monthly fee on debit card users, a fee that engendered so much ill will that B of A was forced to abandon it. Still banks continue to look for ways to make up the revenue loss. Mr. Berlau says the "interchange transaction" cap is causing Americans to be cheated every day.