“The idea that you bounce a check and you get a $30 fee for bouncing the check, well, I changed that. You can't charge more than 8 bucks for that. Or your credit card, your late payment, $35.”
Joe Biden
president. an interview with CNN. Claim dated 8 May 2024.
PolitiFact rated thisOne is enacted, the other isn't
What PolitiFact found
Biden has proposed these changes. The credit card rule has been enacted, but the check rule is still undergoing review.
Their words, from the summary they publish with the rating.
In short
Joe Biden (president) made this claim around 8 May 2024. PolitiFact (United States) looked into it and published its finding on 9 May 2024, 1 day later. Its rating was “One is enacted, the other isn't”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
Where the claim appeared
- transcripts.cnn.comhttps://transcripts.cnn.com/show/ebo/date/2024-05-08/segment/01
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.