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President Biden delivers remarks on protecting Americans’ retirement security

FILE - President Joe Biden speaks about student loan debt forgiveness, in the Roosevelt Room of the White House, Oct. 4, 2023, in Washington. The Biden administration is moving toward a narrower student loan relief plan that would target specific groups of borrowers rather than a sweeping plan like the one the Supreme Court rejected in June. (AP Photo/Evan Vucci, File) (Evan Vucci, Copyright 2023 The Associated Press. All rights reserved)

WASHINGTON – President Biden delivered remarks on protecting Americans’ retirement security at 3:30 p.m. Tuesday.

Earlier this month, President Biden announced a proposed rule by the Federal Trade Commission to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills.

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Biden has made the removal of these fees a priority of his administration. The Democrat’s effort has led to a legislative push and a spate of initiatives aimed at helping consumers. Administration officials have said these additional costs can inflate prices and waste people’s time.


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