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Biden’s hot streak continues. With today’s hyper-partisan, party-first GOP, the GOP silence on Biden’s major new push for competition and against anticompetitive behavior is as close to a full-throated bipartisan endorsement as it gets.
‘It’s ceding a lot of terrain to us’: Biden goes populist with little pushback
Brining the country together!
‘It’s ceding a lot of terrain to us’: Biden goes populist with little pushback
When President Joe Biden unveiled a series of sweeping executive orders to combat monopoly power, the response from Republicans was notable — because there was barely one at all.
Not long ago, a Democratic administration taking unilateral action to rein in corporations on everything from non-compete agreements to prescription drug affordability would have engendered fury from elected conservatives. Yet over the last week, few Republicans were warning that Biden’s actions would severely kneecap business or slow the economic recovery. And inside the White House, the relative silence was not just noticed but seen as vindication.
But, so far, much of the GOP’s newfound economic populism has been delivered in words rather than action. And that’s given Democrats space to pursue an agenda that, even just five years ago, likely would have sparked massive blowback.
The executive order Biden issued earlier this month included 72 initiatives in all. Among the most consequential were his moves calling for greater scrutiny of tech acquisitions, bolstering competition for generic drug makers and importers from Canada, allowing hearing aids to be sold over the counter, standardizing plans for health care shoppers trying to compare insurance options, and protecting certain meat-packing workers from what are seen as artificially low wages.
Brining the country together!