Yesterday, President Biden convened the sixth meeting of the White House Competition Council to discuss new actions his Administration is taking to lower costs, promote innovation, and support workers by ending corporate rip-offs and other unfair practices that keep prices high. The President thanked Competition Council members for their work to date and called on…
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Readout of the Fifth Meeting of the White House Competition Council
Yesterday, the President convened the White House Competition Council to mark the two-year anniversary of his Executive Order on Promoting Competition in the American Economy and to announce new initiatives to support healthy competition, lower costs, and crack down on hidden junk fees. The Competition Council drives the Administration’s whole-of-government effort to restore competition and coordinate progress…
Remarks by President Biden in Meeting of the White House Competition Council
State Dining Room 3:28 P.M. EDT THE PRESIDENT: Please, stay seated. Stay seated. Thank you. Hello, everybody. Good afternoon. The reason we’re late: It’s all my fault. I know that’s a shock. But I must tell you, I couldn’t resist. Two of the — the children of a man and a woman who got me…
Background Press Call on the White House Competition Council Announcement
Via Teleconference SENIOR ADMINISTRATION OFFICIAL: Thanks. Promoting competition to lower costs and support small businesses and entrepreneurs is a central part of Bidenomics. When the President took office, concentration had increased in over three quarters of U.S. industries. In the President’s view, that reflected that, quote, “Forty years ago, we [had chosen] the wrong path…following the…
Readout of the Fourth Meeting of the White House Competition Council
This afternoon, the President convened the White House Competition Council to discuss the significant progress made toward lowering costs for the American people thanks to his Executive Order on Promoting Competition in the American Economy. The Council also discussed plans for further action in the coming weeks, months, and years. The Competition Council drives the…
Remarks by President Biden at the White House Competition Council Meeting
East Room 1:19 P.M. EST THE PRESIDENT: You all ready? All right. (Clears throat.) A little bit of a cold. Thank you all for being here today as my administration takes on new action to lower the costs for American families. You know, I ran for President to rebuild the backbone of the country —…
Readout of the Third Meeting of the White House Competition Council
This afternoon, the President met with the White House Competition Council in the State Dining Room to discuss the significant progress made since he signed the Competition Executive Order just over a year ago, and to call on the Council to continue taking aggressive actions to deliver concrete costs savings to American families. The July…
Remarks by President Biden at the Third Meeting of the White House Competition Council
State Dining Room THE PRESIDENT: Well, I thank the team for being here. I know a few folks who are unable to join us today because of Rosh Hashanah. And I’d like to wish a happy holiday to all those who are celebrating. And, folks, we meet at a moment, to state the obvious, of…
Remarks by President Biden and Members of the Competition Council Announcing New Actions to Lower Costs for Hardworking Families by Fighting Corporate Rip-offs
State Dining Room 2:50 P.M. EST MR. CHOPRA: Good afternoon. Whether it’s a credit card bill, Internet bill, grocery bill, or anything else in a monthly budget, President Biden has been focused on promoting competition, lowering costs, and stopping profiteering. Today, we’re taking action to stop excessive fees in the banking industry. We’re closing a loophole abused by…
FACT SHEET: White House Competition Council Announces New Actions to Lower Costs and Marks Second Anniversary of President Biden’s Executive Order on Competition
Biden-Harris Administration Announces New Initiatives to Lower Food, Rental Housing, and Other Costs and Updated Guidance Regarding Enforcement of Antitrust Laws in the Modern Economy Promoting competition to lower costs and support small businesses and entrepreneurs is a central part of Bidenomics. When President Biden took office, four decades of misguided economic philosophy had led…
