The Progressive


A project of Common Dreams

For Immediate Release

David Rosen,

Hidden Junk Fees Belong in the Trash

The U.S. Consumer Financial Protection Bureau and the Federal Trade Commission today announced a set of proposed rules that would require businesses to show the full price upfront on a wide range of transactions and let bank customers to access information about their accounts without paying a fee – an escalation of the administration’s ongoing effort to fight junk fees that cost consumers billions each year. Susan Harley, managing director of Public Citizen’s Congress Watch division, released the following statement:

“Today’s announcement makes it clear that hidden junk fees, which harm competition and make it more difficult for families to make ends meet, will finally go where they belong: in the trash. Once again, the Biden administration has stepped up for consumers. Ending junk fees will allow Americans to make better informed decisions about how to spend their hard-earned money.”

Public Citizen is a nonprofit consumer advocacy organization that champions the public interest in the halls of power. We defend democracy, resist corporate power and work to ensure that government works for the people - not for big corporations. Founded in 1971, we now have 500,000 members and supporters throughout the country.

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