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Days later, that check that you got paid with, that you deposited into your bank, it bounces. You get charged 15 bucks. Second, my administration is also making clear: Surprise overdraft fees are illegal.
Listen to how those fees work. And some of — you all know this — I mean, because you know from your everyday lives. But you pay a bill, and you double check your bank account to make sure, before you write the check, that you have enough in your account to cover it. The bank screwed up. You had a positive balance when you paid the bill.
As Director Chopra shared this morning that his team is even going further, developing rules and guidance that would take credit card late fees and other banking fees that cost Americans 24 million — billion dollars a year, and take them on.
Last week, the Federal Trade Commission started work on a rule to crack down on unfair and deceptive fees across all industries, fees that were never disclosed — never disclosed. And there was no way to avoid the fee, like processing fees for concert tickets or like resort fees. And the Department of Transportation is going after unfair airline fees. They can- — they — they cancelled.
When Secretary Buttigieg called them out on this, about 10 airlines — now 10 airlines rebook for free. The Department of Transportation is working on rules that would require airlines and travel sites to disclose fees up front, fees like things if you want to sit next to your young child. Well, guess what?
Or your — check your baggage or change your ticket. Your ticket is going to cost a heck of a lot more. You can make a decision. Some airlines, if you want six more inches between you and the seat in front, you pay more money.
Look, folks, these are junk fees. They benefit big corporations, not consumers, not working families. And that changes now. But from day one, my administration has been laser-focused on easing the burden facing working-class families and giving them, as my dad would say again, just a little breathing room.
Jobs are up. People are back to work. American manufacturing is roaring back. I think I go day after tomorrow or the day after tomorrow. Manufacturing computer chips will put tens of thousands of Americans to work. Working hard to tame inflation with policies to bring down the cost of gasoline, home energy bills, and prescription drugs.
Three thousand dollars. If you want to get that, go to GetInternet. And in addition to taking action today to restrict two particularly egregious types of banking fees, my administration has pushed banks to reduce the fees they charge for consumers across the board. The result? Because when companies compete, products get better, prices go down, wages go up. We encourage innovation when that occurs, and America leads the world.
Folks, there are two very different ways of looking at our country. Москва, Россия Курсы валют от EUR ЦБ — 69,10 руб. Медицина и здоровье на Doctor. ru: Артрозы Рак крови и беременность: Как работает фонд борьбы с лейкемией Новогодние опасности для детей.
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