Sen. Brown finding more and more ways to raise those costs, to boost their own profits. Weve talked about how every time americans go to a Grocery Store, they pay for corporate stock buybacks and executive bonuses. Last week we looked at how Companies Use the latest technologies to jack up prices for consumers. This week we look at junk fees. Often lastminute charges that drive up the cost of products, have no justification or connection to anything other than their quests for profits. Think about that hotel room you booked that has a bunch of mysterious charges at the end. Or that time you paid your credit card bill over the phone so you wouldnt be late but were charged a convenience fee. The only thing that fee is convenient for is the banks bottom line. Or lets say youre looking for an apartment, you find one with affordable rent but when you look at the lease, you realize between the maintenance fee and the trash fee and the mysterious convenience fee, the actual rent youll be char
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Extra costs to consumers monthly bills. Live coverage here on cspan. Cspan live here, the Senate Banking Committee Hearing about to get under way. Witnesses will be testifying on how junk fees effect consumers and their budgets. Some examples of those fees are the hidden charges that get attached to goods and services such as loans and Bank Accounts or corporations. Sen. Brown finding more and more ways to raise those costs, to boost their own profits. Weve talked about how every time americans go to a Grocery Store, they pay for corporate stock buybacks and executive bonuses. Last week we looked at how Companies Use the latest technologies to jack up prices for consumers. This week we look at junk fees. Often lastminute charges that drive up the cost of products, have no justification or connection to anything other than their quests for profits. Think about that hotel room you booked that has a bunch of mysterious charges at the end. Or that time you paid your credit card bill over t