Tag Archives: Biden

Tobacco companies will be forced to reduce nicotine in cigarettes sold in the U.S. to nonaddictive, or minimally addictive, levels, if the Biden administration has its way. The policy could be announced as early as this coming week, The Wall Street Journal reported Friday. But it likely won’t take effect for several years. The U.S. Food and Drug administration would have to draft a proposed rule and open it for public comment. After it published the rule, tobacco companies could sue, delaying… Source link

(Bloomberg) — US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats. Most Read from Bloomberg The consumer price index increased 8.6% from a year earlier in a broad-based advance, Labor Department data showed Friday. The widely followed inflation gauge rose 1% from… Source link

Liberal Democrats known as progressives have never commanded a political majority. Not even close, really. That’s why progressive candidates such as Bernie Sanders and Elizabeth Warren bombed in the 2020 Democratic presidential primaries, while the more centrist (at the time) Joe Biden won the Democratic nomination, then the presidency. The high point for progressives may have been the Green New Deal, which the newly elected Rep. Alexandria Ocasio-Cortez of New York spearheaded in 2019… Source link

Ilya Shapiro.Screenshot/C-Span Ilya Shapiro tweeted that Biden would pick a “lesser Black woman” as Supreme Court justice in January. Georgetown Law reinstated his role on June 2 after an investigation and monthslong suspension. But he resigned on Monday, saying Georgetown Law “doesn’t value free speech.” A Georgetown University Law Center professor who tweeted that President Joe Biden would pick a “lesser Black woman” for the Supreme Court resigned on Monday after four months in his job. Ilya… Source link

When President Biden signed the Bipartisan Infrastructure Law last November, it promised $45 billion to help upgrade America’s spotty broadband infrastructure. This week, administration officials offered more details on how that money will be made available through a new “Internet for All” program that aims to bring high-speed internet to every part of the U.S. “We are going to ensure every American will have access to technologies that allow them to attend class, start a small… Source link

President Biden on Wednesday announced new efforts that he says will help American farmers mitigate some of the effects of Russia’s war in Ukraine on the food supply. As part of a trip to Illinois, the White House announced three new initiatives it says will support farmers, including $500 million for domestic fertilizer production. The effort comes as overall inflation remained near a 40-year-high in April, largely driven by food prices. The food index has risen 9.4% over last year and Source link

The West has hit Russia with a range of economic sanctions including a promise this weekend from the G-7 nations to reduce their dependence on the country’s oil. But one type of sanction, so-called “export controls,” has attracted less attention than other high-profile penalties like seizing oligarchs’ yachts. Export controls ban companies from sending crucial products like semiconductors to Russia with the goal of gradually starving its economy. But a top Biden administration official told… Source link

President Biden said Tuesday that if a draft opinion by Justice Samuel Alito suggesting the U.S. Supreme Court is poised to overturn Roe v. Wade holds, it would represent a “radical” and “fundamental” shift in the rule of law. “It concerns me a great deal that we’re going to, after 50 years, decide a woman does not have the right to choose,” Biden told reporters at Joint Base Andrews in Maryland. “But equally as profound is the rationale used.” On Monday night, Politico published… Source link

The White House announced $3.16 billion is on the way to help with the battery shortage in America. The money, which will come from funds in the recently enacted Bipartisan Infrastructure Law, was announced by the White House and the Department of Energy on Monday. Officials promise the money will help domestic manufacturers make more batteries in the U.S., iron out supply chain issues for components, and also mitigate some of the environmental impacts from battery manufacturing. “We need a… Source link

Lightning star Victor Hedman couldn’t keep it together after U.S. President Joe Biden called Gary Bettman “Gary Batman” during Tampa’s White House visit. (Photo via Twitter/@greg_price11) During their Monday off, the Tampa Bay Lightning were honoured at the White House by U.S. President Joe Biden, a custom that has been extended annually to champions across various major North American professional sports leagues. In many ways, it was a nondescript event for the President, save for one… Source link