National Economic Council

A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights

Politics
Amanda Smith

The Biden administration issued new rules designed to boost workers’ wages and business competition. They aim to raise an overtime threshold, ban ...

Biden to launch task force to crack down on ‘unfair and illegal pricing’ amid rising inflation

Politics
Amanda Smith

President Joe Biden on Tuesday will launch a new task force to take on “unfair and illegal” corporate pricing, which Biden sees as a major ...

Inside the White House, confidence grows that a strong economy will sell itself

Politics
Amanda Smith

After a year of recession doomsaying, an unexpectedly resilient economy is boosting the White House as it ramps up selling its record ...

Nippon-U.S. Steel deal deserves ‘serious scrutiny,’ White House says

Politics
Amanda Smith

By Andrea Shalal WASHINGTON (Reuters) -The White House on Thursday said Nippon Steel Corp’s $14.9 billion proposed acquisition of U.S. Steel Corp ...

White House’s Brainard says chances for economic ‘soft landing’ greater after data

Politics
Amanda Smith

By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden’s top economic adviser said on Friday that recent economic data showed the ...