The Biden administration announced new rules that mandate automatic cash refunds for canceled or significantly delayed flights and protect consumers from surprise junk fees in air travel. 

"These rules will significantly expand consumer protections in air travel, provide passengers an easier pathway to refunds when owed, and save consumers over half a billion dollars every year in hidden and surprise junk fees," the White House said in a statement released early Wednesday. 

The U.S. Transportation Department is finalizing on Tuesday new rules that require upfront disclosure of airline fees and mandate refunds for delayed baggage or inoperative services like onboard Wi-Fi.

The rules, which were nearly three years in the works, will require airlines and ticket agents to tell consumers upfront about baggage or change and cancellation fees. The department said consumers are expected to save $543 million annually in excess airline fees.

In an effort to crack down on airlines that charge passengers steep fees to check bags and change flights, the U.S. Department of Transportation has announced new regulations aimed at expanding consumer protections.

One of the final rules announced Wednesday requires airlines to show the full price of travel before passengers pay for their tickets. The other will force airlines to provide prompt cash refunds when flights are canceled or significantly changed.

One of the worst parts about junk fees is that, most of the time, you're unaware of them until you're ready to make a purchase – or sometimes not at all.

Every day, American people are shelling out hard-earned cash on undisclosed, last-minute charges fixed by companies, and often, the fees increase without warning.

The Biden administration, accompanied by the Federal Trade Commission (FTC), has proposed crackdowns on junk fees that aren't volunteered to shoppers, renters and others early on in the buying process.

Consumers can expect to see the full price of their tickets up front when they purchase from Live Nation or SeatGeek, the events ticketing giants said Thursday.

Both Live Nation, which owns Ticketmaster, and SeatGeek have come under fire from U.S. President Joe Biden for utilizing "junk fees," hidden costs on tickets which aren't revealed to the buyer until they're finalizing their transaction.