A new report from government watchdog Accountable.US revealed today that five out of six major hotel operators involved in a “major class action” lawsuit for alleged price-fixing violations are among the worst offenders when it comes to resort fees and have faced various lawsuits and scrutiny for their resort and junk fee practices. The analysis co
Corporate watchdog Accountable.US welcomed the U.S. Department of Transportation’s new inquiry into whether the rewards programs offered by the top four U.S. airlines are engaging in “potential unfair, deceptive, or anticompetitive practices” that harm consumers.
As part of the Biden-Harris administration’s ongoing effort to crack down on junk fees, the Consumer Financial Protection Bureau (CFPB) released a new report today showing that Dollar General, Dollar Tree/Family Dollar, and Kroger have charged Americans over $90 million in junk fees annually “just to access their own money when getting ‘cash back’”
As part of its ongoing effort to crack down on junk fees, the Biden-Harris administration today unveiled a new rule banning airlines from charging families for adjacent seating. The rule would allow parents of children 13 years and younger to sit adjacent to their children, and require airlines to disclose the right to fee-free family seating.
Further fueling the corporate judge shopping crisis, last night the right-wing Fifth Circuit Court of Appeals ruled in favor of top U.S. airlines over consumers by blocking the U.S. Transportation Department’s final rule requiring carriers to be transparent about bagging, flight change, and cancellation charges – an effort expected to save flyers o
Today, U.S. Bancorp and Synchrony Bank announced $2.25 billion in combined Q2 2024 earnings, up 17.7% and 13%, respectively, while harming consumers with junk fees and predatory interest rates. An Accountable.US review found U.S. Bancorp raked in $277.3 million from fees on deposit accounts, including $55 million from overdraft fees, between Januar
Tomorrow, Republicans on the U.S. House Education and Workforce Committee are expected to advance H.J. Res. 142, a Congressional Review Act resolution to block the U.S. Labor Department’s crackdown on junk fees in retirement investment advice – an effort that will save retirement plan participants an estimated $55 billion in fees...
In the Biden administration’s latest effort to lower costs for Americans, the Consumer Financial Protection Bureau today proposed a new rule limiting overdraft fees charged by banking institutions and credit unions to a range of $3 to $14, a move expected to save consumers $3.5 billion a year.
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