BIG by Matt Stoller β’ 27044 implied HN points β’ 10 Mar 24
- Biden's administration is taking steps to reduce corporate power through measures like capping credit card late fees and focusing on monopolies in the healthcare sector.
- There is a mix of positive and negative actions within the Biden administration towards tackling concentrated economic power, showcasing a nuanced approach to corporate regulation.
- Despite Biden's populist State of the Union rhetoric, the administration faces challenges in fully addressing corporate power and governance issues, including instances of corruption and policy setbacks.