"Biden's Task Force Targets Unfair Pricing and Corporate Rip-Offs"

President Joe Biden is set to launch a joint task force led by the FTC and DOJ to address "unfair and illegal" corporate pricing, aiming to combat practices that inflate costs for consumers despite a strong economy and cooling inflation rates. The task force will be part of the White House Competition Council's efforts to tackle anti-competitive practices, with the administration also releasing rules to cut credit card late fees and protect farmers. Biden's push against corporate pricing practices comes amid growing economic optimism but lingering concerns about the economy's impact on consumers.