With time running out before the election, President Joe Biden highlighted his administration’s push to crack down on so-called junk fees that banks and other companies charge their customers. The
Biden also highlighted a number of other fees the administration plans to go after, which include resort fees, processing fees for concert tickets, and various fees charged by airlines.
President Biden unveiled his administration's newest initiative to target "junk fees" tacked on to consumer goods and services, in an announcement at the White House.
CNN, FII INSTITUTE, CONFERENCE BOARD By Betsy Klein, Maegan Vazquez and Arlette Saenz, CNN President Joe Biden on Wednesday said his administration is cracking down on so-called junk fees, including announcing new steps that effectively ban banks from issuing surprise overdraft fees and depositor fe…
The Consumer Financial Protection Bureau is targeting overdraft fees charged by banks as well as bad check fees, which are levied against a bank customer when a check isn't valid.
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With inflation sticking around, Biden targets 'junk fees' | Since Then
