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280: Corporate Junk Fees

280: Corporate Junk Fees

Episode 280 Published 2 years, 11 months ago
Description
Do you hate hidden hotel, housing, airline, ticketing, banking, and other corporate fees? Do you want Congress to do something about them? In this episode, learn about the wide range of unreasonable fees being reported to Congress during hearings and examine what proposals could have bipartisan support. Please Support Congressional Dish – Quick Links Contribute monthly or a lump sum via PayPal Support Congressional Dish via Patreon (donations per episode) Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com Use your bank's online bill pay function to mail contributions to: 5753 Hwy 85 North, Number 4576, Crestview, FL 32536. Please make checks payable to Congressional Dish Thank you for supporting truly independent media! View the show notes on our website at https://congressionaldish.com/cd280-corporate-junk-fees Background Sources Recommended Congressional Dish Episodes CD267: The Monopoly Powers of Live Nation/Ticketmaster FTC Authority "Justices unanimously reject FTC's authority to compel monetary relief." Ronald Mann. Apr 23, 2021. SCOTUSblog. "AMG CAPITAL MANAGEMENT, LLC, ET AL. v. FEDERAL TRADE COMMISSION." Supreme Court of the United States. April 22, 2021. Junk Fee Overview "What Is Partitioned Pricing, the Subject of Recent Regulatory and Litigation Scrutiny?" Ashish A. Pradhan. May 19, 2023. The National Law Review. "Drip Pricing." Will Kenton. January 24, 2023. Investopedia. "The President's Initiative on Junk Fees and Related Pricing Practices." Brian Deese et al. October 26, 2022. White House Briefing Room Blog. "Federal Trade Commission Explores Rule Cracking Down on Junk Fees." October 20, 2022. Federal Trade Commission. "Petition for Rulemaking for the Federal Trade Commission to Ban Drip Pricing." Brian Canfield et al. July 7, 2021. Institute for Policy Integrity, NYU School of Law. Internet "Broadband Consumer Labels." *Federal Communications Commission Healthcare "FTC Action Against Benefytt Results in $100 Million in Refunds for Consumers Tricked into Sham Health Plans and Charged Exorbitant Junk Fees." August 8, 2022. Federal Trade Commission. Banking/Payments "Letter from the Consumer Bankers Association to Sen. Raphael Warnock and Sen. Thom Tillis." Lindsey D. Johnson. July 26, 2023. Consumer Bankers Association. "CFPB Takes Action Against Bank of America for Illegally Charging Junk Fees, Withholding Credit Card Rewards, and Opening Fake Accounts." July 11, 2023. Consumer Financial Protection Bureau Newsroom. "Overdraft/NSF revenue down nearly 50% versus pre-pandemic levels." Offices of Consumer Populations and Markets. May 23, 2023. Consumer Financial Protection Bureau. "CFPB Issues Guidance to Help Banks Avoid Charging Illegal Junk Fees on Deposit Accounts." October 26, 2022. Consumer Financial Protection Bureau Newsroom. "CFPB Orders Regions Bank to Pay $191 Million for Illegal Surprise Overdraft Fees." September 28, 2022. Consumer Financial Protection Bureau Newsroom. "AG Shapiro Takes Action to Defend Pennsylvanians from Predatory Personal Lending Company." August 16, 2022. Pennsylvania Office of Attorney General. "Commonwealth of Pennsylvania et al. v. Mariner Finance, LLC," [Case No. 2:22-cv-3253]. August 16, 2022. U.S. District Court for the Eastern District of Pennsylvania. "Overdraft fees can price people out of banking." Joe Valenti. March 30, 2022. * Consumer Financial Protection Bureau Blog. "Consumer Financial Protection Bureau Launches Initiative to Save Americans Billions in Junk Fees." January 26, 2022. Consumer Financial Protection Bureau Newsroom. "Consumer Financial Protection Bureau and Multiple States Enter into Settlement with Nationstar Mortgage, LLC for Unlawful Servicing Practices." December 7, 2020. Consumer Financial Protection Bureau Newsroom. "Attorney General Shapiro Announces $575 Million 50-State Settlement with Wells Fargo Bank for Opening Unauthor
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