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To boost banks, Republican restore one of the ‘junk fees’ targeted by Biden
Joe Biden set out to limit overdraft fees banks can charge customers. Congressional Republicans are scrambling to undo that. Read More
What Is a Junk Fee and How Does It Affect You?
President Biden proposed the Junk Fee Prevention Act, which Congress has yet to pass. Junk fees can be a way for companies to stay in business. As a consumer ... she adds. In both his 2023 ... Read More
Bank Fees and Consumer Protection
Surprising no one, the U.S. Senate voted today to repeal a Biden-era rule adopted by the Consumer Financial Protection Bureau that limits steep overdraft fees charged by large banks and credit unions. Read More
Illinois legislators renew push for ‘junk’ fee transparency for hotels, restaurants and concerts
Piggybacking on former President Joe Biden’s efforts to fight “junk” fees ... practice under the Consumer Fraud and Deceptive Business Practices Act. Biden in his 2023 State of the Union ... Read More
New 'Junk Fee' Rule Caps Credit Card Late Fees At $8
The Consumer Financial ... 45 million people, the Biden administration said in a statement today (March 5) in announcing several initiatives aimed at fighting junk fees. Profit and prosper with ... Read More
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