The White Home introduced that President Biden might be launching a strike drive to go after firms 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 Drive to crack down on unfair and unlawful pricing. President Biden is dedicated to creating positive firms are held accountable after they attempt to rip off People, together with after they break the regulation whereas preserving costs excessive.
To that finish, the President is establishing a brand new Strike Drive on Unfair and Unlawful Pricing co-chaired by the Division of Justice (DOJ) and the Federal Commerce Fee (FTC). This Strike Drive will strengthen interagency efforts to root out and cease unlawful company habits that hikes costs on American households via anti-competitive, unfair, misleading, or fraudulent enterprise practices. DOJ and FTC, together with different companies on the Strike Drive, will focus their collaborative efforts on key sectors the place firms could also be violating the regulation and preserving costs excessive, together with prescribed drugs and well being care, meals and grocery, housing, monetary providers, and extra.
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The pandemic is over, however firms proceed to maintain costs excessive and reap document income. Biden has known as on firms to finish this habits. They refused to pay attention, so now he’s going to amp up felony 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 individuals in massive and small methods, and the way they select to make use of or not use that energy can impression hundreds of thousands of lives.
Individuals 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 individuals. Trump views the presidency as a automobile 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 targeted 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
