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Congresswoman Ann McLane Kuster

Representing the 2nd District of New Hampshire

Concord Monitor: Kuster wants to close at least some of the federal government’s empty bank accounts

May 7, 2013
In The News

Apparently, this is the sort of thing that requires an act of Congress: U.S. Rep. Annie Kuster wants to close at least some of the thousands of federal bank accounts that have no money in them.

The federal government is paying service fees for 13,712 bank accounts that show a balance of zero, to the tune of at least $890,000 this year, The Washington Post reported last month.

Federal officials are making a push to close those accounts, and they’re actually making progress — The Post said there were more than 28,000 empty accounts at the end of the 2011 fiscal year.

To read more, click here