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‘Junk fees’ get tossed with new FTC rule on concert tickets, hotels
The Biden Administration notched another victory in the war against unnecessary consumer fees on Tuesday, when the Federal Trade Commission announced their final “junk ... in an ad needs to ... Read More
FTC bans hidden junk fees in hotel, event ticket prices
The rule is one of the final pieces of President Joe Biden's wide-ranging crackdown on junk fees that drive up consumer costs without ... Ferguson voted against the rule because, he said, "the ... Read More
The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, calling them ‘junk fees’
Some financial-services firms — such as Capital One, Citi Group and Ally — already forgo overdraft fees ... against the CFPB’s proposed new rules: The American Bankers Association and ... Read More
Overdraft fees would be slashed under new Biden administration rule. What you need to know
The rule is one of several efforts to attack the estimated $90 billion collected annually in "junk ... some credit unions generate more than half their net income from overdraft fees. Consumer ... Read More
Biden’s FTC Bans Junk 'Service Fees' For Hotel And Concert Purchases
The Federal Trade Commission finalized a new federal rule Tuesday that bars hotels and live-event companies from tacking on surprise fees ... against the final junk-fee rule. Ferguson wrote that h ... Read More
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