The fight over automated teller machine fees moved to the national stage on Thursday, with a pair of U.S. representatives pledging to introduce bills this week aimed at curtailing the charges, and several major U.S. banks -- including Fleet Boston Corp. and Chase Manhattan Corp. -- predicting fierce opposition.

Rep. Maxine Waters, D-Calif., introduced a bill Thursday that would eliminate surcharging nationally. Another member of Congress, Rep. Bernard Sanders, Independent-Vt., proposed a similar measure Nov. 5 and said he would introduce a second one before Congress adjourns for the year. The measure was expected late Thursday or today.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.