President on Monday slammed companies for keeping prices high, and demanded that gas stations, banks and cell phone services reduce costs for families who are struggling with record levels of .
The economic crisis has dogged Biden's administration as look to hang on to the House and the Senate in November's midterm elections.
During a White House meeting, Biden singled out 'junk fees' such as bank overdraft charges and and cell phone termination charges for causing economic pain.
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