To Protect Consumers, Biden Cracks Down on 'Corporate Tricks' Like Hard-To-Cancel Services

Consumer Financial Protection Bureau News

To Protect Consumers, Biden Cracks Down on 'Corporate Tricks' Like Hard-To-Cancel Services
Corporate GreedFederal Communications CommissionFederal Trade Commission
  • 📰 commondreams
  • ⏱ Reading Time:
  • 25 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 51%

Edward Carver is a staff writer for Common Dreams.

The Biden administration on Monday launched a wide-ranging consumer protection campaign called 'Time Is Money' aimed at cracking down on hard-to-cancel services, deliberately poor customer service, and other 'corporate tricks' that involve overly complicated or burdensome processes, such as in the filling out of insurance claims.

'It took one or two clicks to sign up, but now to end your subscription or cancel the membership, you have to go in person or wait on hold for 20 minutes.''These seemingly small inconveniences don't really happen by accident,' she added. 'They have huge financial consequences.'BREAKING: Banks, credit card companies, and more will be required to let customers talk to a human by pressing a single button under a new Biden administration proposed rule.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

commondreams /  🏆 530. in US

Corporate Greed Federal Communications Commission Federal Trade Commission Joe Biden Lina Khan Neera Tanden Consumer Protection

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Will this California bill to regulate AI protect consumers or gut tech?Will this California bill to regulate AI protect consumers or gut tech?Legislation from State Sen. Scott Wiener would introduce standards for product safety testing and liability.
Read more »

New pollution rules could improve air quality in Bay Area, other parts of CaliforniaNew pollution rules could improve air quality in Bay Area, other parts of CaliforniaBiden administration cracks down on soot, among the most harmful types of air pollution
Read more »

Clean energy infrastructure is vulnerable to cyberattack — the Biden administration has a plan to protect itClean energy infrastructure is vulnerable to cyberattack — the Biden administration has a plan to protect itIt lays out priorities in a document shared first with The Verge.
Read more »

Biden Admin Takes 'Urgent and Necessary' Step to Protect 100,000+ Haitians From DeportationBiden Admin Takes 'Urgent and Necessary' Step to Protect 100,000+ Haitians From DeportationBrett Wilkins is a staff writer for Common Dreams.
Read more »

Ex-Trump officials call for Biden administration to do more to protect them from Iranian retaliationEx-Trump officials call for Biden administration to do more to protect them from Iranian retaliationPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »

Curtis Wilkie: President Biden should step aside to protect his country and his legacyCurtis Wilkie: President Biden should step aside to protect his country and his legacyPresident Joe Biden should not run for reelection to protect the country and his legacy, longtime political journalist Curtis Wilkie writes.
Read more »



Render Time: 2025-04-23 06:07:46