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White House announces new efforts to crack down on 'tens of billions' in junk fees (www.cnbc.com)

submitted 1 year ago by Haus@kbin.social to c/news@kbin.social

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The White House, in partnership with the Federal Trade Commission and the Consumer Financial Protection Bureau, will reveal plans aimed at banning junk fees.

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[–] admiralteal@kbin.social 6 points 1 year ago

The greatest junk fee of them all is businesses -- especially brick and mortar ones -- being able to advertise pretax prices.

Sticker price should be the price you pay, end of story.

[–] HubertManne@kbin.social 4 points 1 year ago

One thing is I would like them to not allow fees to leave. If you don't like a service because of bad service or fees they should not be able to charge a fee to close down your account or transfer it out.

[–] hoshikarakitaridia@sh.itjust.works 2 points 1 year ago (1 children)

That's new, I like it.

[–] HubertManne@kbin.social 7 points 1 year ago (1 children)

This is what I don't get about folks not wanting him to run. I cannot recall so many useful things come out of an administration in awhile and its only his first term. As long as we get more like this and no surprise medical fees, and doing taxes online, and such ; im all aboard for another term of results.

[–] ComfortablyGlum@sh.itjust.works 2 points 1 year ago

Headlines about chaos gets more looks. The left aren't as good at marketing themselves and their actions, and it's nearly impossible to overshadow the bad actors in politics right now. If the average Joe wants to see positive change happening, they have to dig, and most are too exhausted, too busy, too overwhelmed to take the time; bad actors count on this.