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FTC Creates Office Dedicated To "Algorithmic Transparency"
jfruh writes When Facebook's EdgeRank algorithm filters a meme you posted out of your friends' feed, you might find that annoying. When your bank's algorithm denies you a mortgage, that has a serious effect on your life. But both kinds of algorithms are generally opaque to customers and regulators, and the FTC's Bureau of Consumer Protection has set up an office dedicated to figuring out these algorithms affect our lives and intersect with the law. Perhaps they can start with how the IRS selects people to audit, and whether constantly shifting TSA policies make sense.
You need to get a Credit Union. The credit union I deal with bends over backwards to avoid fees. For example, there have been times that my paycheck deposit has come late in the day but withdrawals have come out earlier and should have caused an overdraft fee. But because my regular pattern was to deposit my pay that day no fee was charged. That is one of the many reasons I deal with a Credit Union and not a Bank.