Amazon ramps up criticism of antitrust bill targeting tech giants
Amazon is ramping up criticism of a key antitrust bill that aims to rein in the e-commerce giant’s power, in part by trying to distance itself from the other tech giants targeted by the proposed legislation. Amazon’s vice president of public policy Brian Huseman published a blog post Wednesday slamming the bipartisan American Innovation and Choice Online Act, co-sponsored by Sens. Amy Klobuchar (D-Minn.) a
Read MoreBiden hedges inflation backlash with focus on Fed
President Biden's relationship with the Federal Reserve has come under the spotlight as the White House touts the central bank's leadership of the fight against inflation. Biden met with Fed Chair Jerome Powell at the White House on Tuesday as the administration touts its efforts to curb rising prices. The meeting came one day after the White House laid out a plan for fighting inflation focused on allowing the Fed to act without interference from the administration. “My plan … starts with a simple proposition: respect the Fed, respect the Fed’s independence, which
Read MoreIn shift, White House starts to talk up economy
President Biden and his administration have shifted gears toward a month-long campaign to talk up the economy to show the White House is prioritizing inflation by pushing the positives about what it has delivered – but the plan may come with some risk. Officials made the rounds on television on Tuesday to tout the administration’s vision a day after The Wall Street Journal published an op-ed by the president who laid out his plan to tackle inflation, which has hit a 40-year high. The effort spanning the month of June will see Biden and his aides traveling the count
Read MoreBiden, Democrats out of sync in pushing assault weapons ban
President Biden and Vice President Kamala Harris are calling for bans on assault rifles and high-capacity magazines but they’re out of step with members of their own party who don’t want to vote on those hot-button issues and instead want to focus on more modest reforms. Activists would like to see Biden take executive action to curb gun violence but the president said over the weekend that he can’t do much by himself, kicking the issue to congressional Democrats as he has other elements of his agenda. Democratic negotiators in the Senate, however, aren’t t
Read MoreHandful of House GOP lawmakers open to assault rifle ban
A trickle of House GOP lawmakers have expressed support for or openness to banning assault-style rifles in recent years and in wake of the Robb Elementary School shooting in Uvalde, Texas last week. As a bipartisan group of lawmakers in the Senate discuss potential legislative action on gun violence in wake of the massacre, the House GOP members’ positions show a small yet notable contingent of Republicans in favor of some type of gun restrictions despite the party being largely averse to gun control measures. Two Republicans, Rep. Adam Kinzinger (Ill.) and Rep. Ch
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