The Daily

Biden’s Open War On Hidden Fees

21 snips
May 22, 2024
Jim Tankersley, a White House correspondent for The New York Times, joins to discuss the Biden administration's battle against hidden fees charged by businesses like hotels and airlines. He highlights how these sneaky charges complicate consumer experiences and exacerbate public discontent ahead of the 2024 election. The conversation also touches on the challenges of enforcing transparency and the administration's strategy to regain voter trust amidst rising inflation concerns. Tune in for insights into this crucial economic issue!
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ANECDOTE

Biden vs. Airline Fees

  • President Biden is tackling airline fees, like charging parents to sit with their kids.
  • Airlines like Spirit and Frontier use these fees as a business model, often doubling ticket prices.
INSIGHT

Junk Fees as Proxy Battle

  • Biden's focus on "junk fees" aims to address consumer frustration and control costs.
  • This strategy serves as a proxy battle against inflation, a larger issue he has less control over.
ANECDOTE

Junk Fee Targets

  • Biden's campaign against junk fees began in 2021, targeting overdraft fees, credit card late fees, and concert ticket fees.
  • He pressured Ticketmaster and Live Nation to disclose fees upfront, demonstrating his influence.
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