White House urges states to join government-wide crackdown on ‘junk fees’

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By Andrea Shalal WASHINGTON (Reuters) – Top White House officials and the head of the Consumer Financial Protection Bureau (CFPB) on Wednesday will urge states to expand their efforts to crack down on surprise fees consumers are forced to pay on everything from rental housing to cable bills. The push is part of President Joe Biden’s government-wide effort to reduce or eliminate so-called “junk fees” that jack up costs for consumers. Some agencies have already taken action, including a proposed rule by the CFPB to cut most credit card late fees and a Department of Transportation proposal to req…

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