Biden cracks down on ‘junk fees’ in new economic focus ahead of midterms
By Betsy Klein, Maegan Vazquez, Matt Egan and Arlette Saenz, CNN President Joe Biden on Wednesday announced a crackdown on so-called junk fees, including new steps that effectively ban banks from issuing surprise overdraft fees and depositor fees on bounced checks. His speech announcing the new actions also highlighted his administration’s efforts to provide more
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