Free Republic

During an interview with Nexstar Media that took place on Tuesday and was released on Wednesday, President Joe Biden stated that inflation “is being stubborn and not going down to the 2% we need. But, it’s significantly different,” than where it was and “the thing that really affects people’s lives are all the small things that add up to big numbers for people, all these junk fees.” Nexstar Washington Correspondent Reshad Hudson asked, “[R]ight now, for many Americans, life is too expensive. Are you concerned that stubborn inflation will hurt your re-election bid?” Biden responded, “Well, look, we’ve brought down...

Junk fees plague industries like hotels and airlines and end up costing consumers billions every year in add ons, “administrative fees” and other overpriced nonsense. The fees really come out of the woodwork at car dealerships, it seems. While it was enough of a problem for the federal government to take notice, things have changed in favor of dealers. First spotted by Motor1, the Federal Trade Commission paused a ban on dealer junk fees that were originally set to take effect this summer. The ban comes after the National Automobile Dealers Association protested the move by filing a petition. The...

President Biden on Wednesday announced that the administration will take on so-called junk fees as a way to help bring down costs for Americans during high inflation. The Consumer Financial Protection Bureau is taking new steps to eliminate billions in banking fees, hidden charges and added fees on cable bills, airline tickets and hotel bookings. “Today my administration is announcing new actions to lower the costs of everyday living for American families, to put more money in the pockets of middle income and working class Americans, to hold big corporations accountable,” Biden said in remarks at the White House. The...