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Biden administration looking at concert ticket, resort fees

Published 10/26/2022, 11:42 AM
Updated 10/26/2022, 11:46 AM
© Reuters. Rohit Chopra, Director of the Consumer Financial Protection Bureau, listens as U.S. President Joe Biden delivers remarks on the U.S. economy from an auditorium on the White House campus in Washington, U.S. October 26, 2022.  REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - U.S. President Joe Biden said his administration is examining fees imposed on consumers in a range of sectors, including entertainment and travel, as regulators on Wednesday targeted overdraft and other banking fees that he said would save customers more than $1 billion.

Biden, speaking to reporters at the White House, said other federal agencies would look at fees linked to concert tickets and travel resorts.

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