Biden closes remarks on ‘junk’ fees: ‘I appreciate the frustration of the American people’ – By Timothy Nerozzi (FOX Business) / Oct 26, 2022
Biden notes third consecutive week of falling gas prices, though costs remain historically high
President Biden on Wednesday unveiled his administration’s new initiative to combat “junk fees” that unfairly prey on unwitting consumers.
In a bid to give U.S. families more “breathing room,” the White House is calling on “all agencies to reduce or eliminate hidden fees, charges and add-ons for everything from banking services to cable and internet bills to airline and concert tickets.”
The push comes less than two weeks from an election in which voters give Biden poor marks on key issues like the economy and inflation.
Biden offered examples of junk fees his administration is seeking to eliminate for consumers, including airline rebooking fees, hotel “resort” fees and unfair banking penalties.
