President Trump hosted Kid Rock in the Oval Office to announce an executive order aimed at addressing ticket scalping and enhancing pricing transparency for live events. The order directs federal agencies, including the FTC, to enforce compliance with existing IRS rules and to ensure price transparency throughout the ticket purchasing process. Kid Rock emphasized the frustrations consumers face with rising ticket prices, high fees, and unfair scalping practices, reflecting concerns shared widely by the public about the integrity of the ticket-buying experience.
"Anyone who's bought a concert ticket in the last decade, maybe 20 years - no matter what your politics are - knows that it's a conundrum."
"You can buy a ticket for $100. By the time you check out, it's $170. You don't know what you've been charged for."
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