Business-wary Team Biden is making unforced errors

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Business-wary Team Biden is making unforced errors
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U.S. President Joe Biden’s team has taken a more distant approach to business compared with Donald Trump, partly because it’s trying to appease progressive Democrats. That has led to some unforced errors, says GinaChon:

and grocers for internal documents about supply-chain strategies to see if these have led to anticompetitive practices. That’s unlikely to solve bottlenecks and is more of a distraction.

and others, withdrew her name from consideration on Tuesday. Community banks, a key political constituency, were against her nomination. The Federal Reserve’s head of supervision role has been vacant since October.

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