"Biden's Task Force Targets Corporate Greed Amid Inflation"

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Source: Yahoo! Voices
"Biden's Task Force Targets Corporate Greed Amid Inflation"
Photo: Yahoo! Voices
TL;DR Summary

President Joe Biden is set to launch a task force, jointly led by the Federal Trade Commission and the Department of Justice, to address "unfair and illegal" corporate pricing practices that are believed to be contributing to the public's perception of a poor economy despite strong economic data. The task force aims to tackle anti-competitive practices and will be part of Biden's broader efforts to address rising inflation and consumer costs. The administration is also releasing new rules to cut credit card late fees and protect farmers against discriminatory processing practices.

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