President Joe Biden is launching a joint Department of Justice and Federal Trade Commission task force that will target ‘unfair and illegal pricing’ and hold corporations accountable when they ‘try to rip off Americans,’ a press release states. The task force will target things like credit card late fees and ‘junk’ fees. Yahoo Finance Senior Columnist Rick Newman reported the details on March 5, 2024.
#yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #biden #bidenadmin #joebiden #pricing #pricingstrategies #useconomy #us #2024
Big deal. Interest rates on credit cards average almost 25 percent now. That’s where they get you. Credit card late fees are chump change.
Wishful thinking on his part…too little too late!
They just raise the interest or find some other work around. Every time the government tries to regulate industry, we the people pay more and get screwed more.
And under Biden high yield interest rates have gone from 18% to 28.5%
Biden sucks