Statement from President Joe Biden on the FTC Banning Hidden Junk Fees

I’ve always put families and hardworking Americans first. That’s why I called on my Administration to do everything we can to lower costs. Today, the Federal Trade Commission is doing just that by banning hidden junk fees when you book a hotel or purchase event tickets. We all know the experience of encountering a hidden fee at the very last stage of check out-these junk fees sneak onto your bill and companies end up making you pay more because they can. Those fees add up, taking real money out of the pockets of Americans. Today’s announcement builds on work across my Administration to ban junk fees and lower costs-saving many families hundreds of dollars each year. The Consumer Financial Protection Bureau lowered overdraft and credit card late fees, the Department of Transportation proposed a ban on family seating fees and required upfront disclosure of baggage and change fees, and the Federal Communications Commission ensured consumers see upfront the full price and terms for their internet service. Wherever big corporations try to sneak fees onto bills, my Administration has been fighting on behalf of American families to ban them. The post Statement from President Joe Biden on the FTC Banning Hidden Junk Fees appeared first on The White House.