Modest FTC Junk Fee Rule Built on Bipartisan Support

The Federal Trade Commission finalized one of its last rules of the Biden administration.

The agency banned certain secretive junk fees, a deceptive practice used by numerous industries.

The final rule forces companies to display the full all-in price up front to customers, so they have the choice to evaluate the real price next to competitors’ services.

The FTC junk fee rule has bipartisan support from both parties in Congress .

Republicans are expected to file a CRA resolution against another CFPB rule that goes after overdraft fees.

If the rule faces legal challenges in the next administration, its future could very well rest on whether Trump decides it’s good politics for him to take credit for the rule.