"Biden's Plan: Eliminating Cable Cord Cutting Fees"
The Federal Communications Commission (FCC) has proposed a rule to ban early termination fees for cable and satellite service contracts, requiring providers to eliminate these fees and provide prorated credits or rebates for canceled services. This move is part of President Joe Biden's efforts to promote competition and eliminate surplus fees in the U.S. economy. The FCC has also announced plans for Broadband Consumer Labels and 'all-in-pricing' to provide consumers with transparent information about broadband services and costs.