Biden urges companies to lower costs for consumers
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FILE PHOTO: U.S. President Joe Biden speaks during a bilateral meeting with British Prime Minister Liz Truss, as they attend the 77th U.N. General Assembly, in New York, U.S., September 21, 2022. REUTERS/Toby Melville/Pool/File Photo
WASHINGTON (Reuters) - U.S. President Joe Biden on Monday urged companies running gas stations, banks and cell phone services to lower costs for consumers coping with inflation.
During a White House meeting, Biden said that "junk fees" such as bank overdraft fees and cellular phone termination charges were hurting families and that gas station operators needed to lower prices at the pump "now."
(Reporting by Jeff Mason, writing by Katharine Jackson, editing by Chris Gallagher)
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