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“Junk fees” were a major buzzword in 2023, as the Biden Administration cracked down on unnecessary charges across industries. The White House defines these fees as “unnecessary, unavoidable, or surprise charges” that inflate costs while adding little value.
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Sending money abroad is a regular occurrence for many, especially those serving in the military. However, many are unaware of the hidden costs in international money transfers due to marked-up exchange rates.
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President Trump was inaugurated for the second time on Monday, making history as one of the two U.S. presidents to return to office after losing re-election four years prior.
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