President Biden, flanked by Consumer Financial Protection Bureau Director Rohit Chopra and Federal Trade Commission head Lina Khan, says his administration will crack down on unfair and deceptive fees.
WASHINGTON— President Biden on Wednesday highlighted steps his administration is taking to restrict fees imposed on consumers across the economy, from travel to banking, in remarks that come about two weeks ahead of the midterm elections.
Mr. Biden, speaking from the White House complex, said the measures are aimed at giving consumers more financial breathing room, by reducing fees tied to concert tickets, hotel resorts, airfare and cable companies.
Biden Touts U.S. Steps to Curb Fees Tied to Banking, Concerts and Travel
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