Banking trade groups have once again stepped into a political trap set by Sen. Alfonse M. D'Amato over automated teller machine fees.

Backed by retailers and other business interests, the American Bankers Association and sister banking groups are placing advertisements in Washington newspapers and political publications this week urging Congress not to ban ATM surcharges.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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