White House takes action against hidden fees, unveils infrastructure proposals

The White House is intensifying its efforts to combat junk fees as we approach another record-breaking summer travel season. In an interview with TPG, White House Council of Economic Advisers chair Jared Bernstein highlighted the progress made by the Biden administration in cracking down on these hidden fees.

One of the key areas of focus for the White House is price transparency, particularly in industries like airlines and hotels. Bernstein emphasized the importance of consumers being able to see the true cost of goods and services upfront to avoid surprises later on. The administration has been working to ensure that companies display the full cost of a product or service, including any additional fees, upfront.

In addition to addressing junk fees, the White House has also made strides in infrastructure projects, such as airport improvements and expanding the electric charging network nationwide. Bernstein highlighted the significant investments being made in modernizing airports and developing high-speed rail projects, all aimed at improving the transportation experience for Americans.

Furthermore, the administration is targeting hotel and resort fees, pushing for more transparency in pricing to prevent consumers from being hit with unexpected charges. Major hotel chains like Hilton, Hyatt, and Marriott have started displaying resort fees in the booking process, a move driven by consumer pressure and legal action in some states.

Overall, the White House’s efforts to tackle junk fees and improve infrastructure are seen as crucial for the long-term health of the economy and the well-being of consumers. Bernstein emphasized that these initiatives will have a lasting impact, benefiting millions of consumers and promoting a more transparent and fair marketplace. If President Biden secures a second term, these issues are expected to remain a key focus for the administration.