President Joe Biden on Monday demanded that gas stations, banks, and cell phone services drop their prices to help consumers amid soaring inflation.
Biden made the demand during a White House meeting on Sept. 26 in which he said that family budgets are being weighed down by unnecessary hidden fees or “junk fees,” including things like bank overdraft fees and termination fees for cell phones.
“They shouldn’t be paying it anyway, in my view—and at a time when they can’t afford it,” Biden said. “Families shouldn’t have to pay these fees.”
Stating that the “price of oil worldwide is down,” Biden berated the fact that these lower prices have not been reflected at the pump while oil and gas companies continue to bring in record-high profits….