President Biden's administration, supported by Democrats, is taking action to reduce credit card junk fees that harm working Americans. Republicans in Congress, aligned with big credit card companies, are opposing these efforts to protect profits. The GOP's bill to increase credit card fees faces opposition from Democrats.
This week, House Republicans are trying to protect credit card companies that use junk fees to pad their billion-dollar profits by taking more of hardworking families’ money. @POTUS and @HouseDemocrats are committed to cracking down on junk fees. https://t.co/fFy8VJpyDx
Republicans are actually trying to increase credit card fees. They're doing the bidding of the big credit card companies and leaving the American people out to dry. Democrats will not allow the Republicans' bill to become law. https://t.co/BhXXWge1Lv
Not only do we have to take on those corporations that are imposing outrageous junk fees on consumers—we also have to deal w/ MAGA Rs who want to block our efforts to keep more $$ in the pockets of American families. I stand w/@POTUS in the fight to slash these unnecessary fees. https://t.co/X20kMCLZcq
President Biden’s cap on credit card junk fees will save hardworking Americans $10 billion a year. Republicans predictably are working for the credit card companies to keep the fees. Democrats cut costs for working families. The GOP shamelessly sells them out at every turn. https://t.co/bkJBZFxu2f
Wall Street can always count on Republicans in Congress to help banks and credit card companies rip off working people. The GOP is pro-junk fee! It’s predatory, abusive, and wrong. @POTUS + @CFPB are fighting back to lower costs by reducing junk fees. https://t.co/mMVRE34pid