Center for Political Awareness

U.S. Chamber of Commerce, Banking Groups Blast New Biden ‘Junk Fee’ Fight

Biden announced Tuesday a new “strike force” to coordinate cross-agency efforts to crack down on price-gouging. (Click image for article.)

Photo: President Joe Biden

 

The U.S. Chamber of Commerce and several banking groups blasted President Biden’s latest moves in the fight against “junk fees.” 

Biden announced Tuesday a new “strike force” to coordinate cross-agency efforts to crack down on price-gouging. The announcement comes ahead of the State of the Union address on Thursday, in which Biden is expected to tout his commitment to lowering prices for American consumers as his reelection campaign heats up.

The Chamber criticized the strike force, which will be co-chaired by the Department of Justice and the Federal Trade Commission (FTC), as a return to government price control.

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