The White Home introduced that President Biden will likely be launching a strike pressure to go after companies that illegally hike costs on prescribed drugs, meals, housing and groceries.
The White Home stated in a truth sheet:
President Biden will launch a brand new Strike Pressure to crack down on unfair and unlawful pricing. President Biden is dedicated to creating positive companies are held accountable after they attempt to rip off People, together with after they break the legislation whereas maintaining costs excessive.
To that finish, the President is establishing a brand new Strike Pressure on Unfair and Unlawful Pricing co-chaired by the Division of Justice (DOJ) and the Federal Commerce Fee (FTC). This Strike Pressure will strengthen interagency efforts to root out and cease unlawful company conduct that hikes costs on American households by way of anti-competitive, unfair, misleading, or fraudulent enterprise practices. DOJ and FTC, together with different businesses on the Strike Pressure, will focus their collaborative efforts on key sectors the place companies could also be violating the legislation and maintaining costs excessive, together with prescribed drugs and well being care, meals and grocery, housing, monetary companies, and extra.
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The pandemic is over, however companies proceed to maintain costs excessive and reap file income. Biden has known as on companies to finish this conduct. They refused to hear, so now he’s going to amp up prison enforcement.
The newest White Home motion is an instance of why who the president is issues.
A Republican president wouldn’t tackle company greed, however when he was president, Donald Trump inspired it. Presidents have the ability to assist folks in large and small methods, and the way they select to make use of or not use that energy can impression hundreds of thousands of lives.
Folks shouldn’t lump Biden and Trump collectively.
They aren’t the identical.
Biden is whether or not you agree with him or not, making an attempt to work for the American folks. Trump views the presidency as a car for himself.
It was a key distinction between the candidates in 2020, and it stays much more stark in 2024.
Jason is the managing editor. He’s additionally a White Home Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelorâs Diploma in Political Science. His graduate work centered on public coverage, with a specialization in social reform actions.
Awards and Skilled Memberships
Member of the Society of Skilled Journalists and The American Political Science Affiliation
