Originally Published: 11 OCT 23 05:25 ET By Donald Judd, CNN (CNN) — President Joe Biden is expected to unveil new efforts to crack down on junk fees during an event at the White House Wednesday, while announcing $2 billion in savings and $140 million in consumer refunds from previous crackdowns on …
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Originally Published: 11 OCT 23 05:25 ET By Donald Judd, CNN (CNN) — President Joe Biden is expected to unveil new efforts to crack down on junk fees during an event at the White House Wednesday, while announcing $2 billion in savings and $140 million in consumer refunds from previous crackdowns on …
(CNN) — President Joe Biden on Wednesday unveiled new efforts to crack down on junk fees while announcing $2 billion in savings and $140 million in consumer refunds from
By Donald Judd and Betsy Klein, CNN (CNN) — President Joe Biden on Wednesday unveiled new efforts to crack down on junk fees while announcing $2 billion in savings and $140 million in consumer refunds from previous crackdowns on junk fees from the Consumer Financial Protection Bureau.
President Biden again used the bully pulpit of his office to highlight the danger of “junk fees” to the U.S. economy, hammering away at the relatively narrow issue that has become a White House staple.
The Biden administration took another shot at unpopular junk fees on Wednesday by proposing that businesses be required to disclose mandatory fees up front and instructing banks not to impose
The Biden administration on Wednesday announced a new effort to crack down on so-called junk fees that the White House says will save consumers billions of dollars.
A rule proposed by the Federal Trade Commission would outlaw hidden and "bogus" fees. Officials estimate that junk fees cost consumers at least $64 billion each year.
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Biden to announce new actions slashing junk fees | Since Then
