The Biden administration is looking to cut bank fees, but they're ignoring an existing program that gives lower-income Americans an alternative.
'Fees can be like whack-a-mole,' analyst says. 'One goes down, another comes up.' Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion ...
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President Joe Biden's crusade against so-called "junk fees" is on its way to college campuses, and some of the pushback is fierce. Some university leaders say a planned change to an Obama-era ...
(NerdWallet) – President Joe Biden, in his ongoing crusade against hidden junk fees, has so far cracked down on event ...
The strike force will be led by the Justice Department and the Federal Trade Commission, according to a White House statement. The Biden administration has portrayed the White House Competition ...
Rules announced Wednesday will also require faster refunds. Airlines say such requirements are onerous and unnecessary.
The Biden administration capped credit card late fees at $8 this week in a measure that will save millions of Americans hundreds of dollars a year. The rule set by the Consumer Financial Protection ...
WASHINGTON (AP) — The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called junk fees and a move ...