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WASHINGTON (AP) — The Federal Trade Commission on Wednesday proposed a rule to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills. President Joe Biden has made the removal of these fees a priority of his administration. The Democrat's effort has led to a legislative push and a spate of initiatives aimed at helping consumers. The FTC estimates that consumers waste 50 million hours each year searching for the total price for tickets and lodging. After Biden discussed junk fees at a February meeting with aides, the U.S. Chamber of Commerce issued a statement that the “Washington-knows-best approach” would lead to fewer choices for consumers and make the economy less competitive.

Persons: Joe Biden, “, Lina Kahn, Biden, Lael Brainard Organizations: WASHINGTON, Federal Trade Commission, Administration, FTC, Consumer Financial, Bureau, White, National Economic Council, U.S . Chamber of Commerce Locations: U.S, Washington

An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Acquire Licensing RightsSept 29 (Reuters) - Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts squeezed global crude supply. U.S. West Texas Intermediate crude (WTI) settled down 92 cents to $90.97, up 1% in the week and 29% in the quarter. While the total rig count fell by 51 in the third quarter, the cuts have slowed compared with a reduction of 81 in the second quarter as oil prices have rebounded due to tightening supplies. The supply cuts announced by Saudi Arabia and Russia are expected to dominate oil prices for the remainder of this year.

Persons: Ahmed Jadallah, Brent, WTI, John Kilduff, Lael Brainard, Baker Hughes, Suvro Sarkar, Robert Harvey, Katya Golubkova, Sonali Paul, Mark Potter, Paul Simao, Jan Harvey, David Gregorio Our Organizations: REUTERS, . West Texas, Federal Reserve Bank of Dallas, Energy Information Administration, Investors, White, Evergrande, HK, Reuters, Aramco, National Australia Bank, DBS Bank, Thomson Locations: Aramco, Saudi, Saudi Arabia, New York, U.S, Brent, OPEC, Russia

☆ US government shutdown would 'undermine' US economic progress, Yellen says
▼ + stars: | 2023-09-29 | by ( David Lawder | ) www.reuters.com time to read: +3 min

[1/2] Janet Yellen, United States Secretary of Treasury, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Seth Wenig/Pool via REUTERS/ File Photo Acquire Licensing RightsWASHINGTON, Sept 29 (Reuters) - A government shutdown that could start this weekend would "undermine" U.S. economic progress by idling key programs for small businesses and children, and could delay major infrastructure improvements, U.S. Treasury Secretary Janet Yellen said on Friday. A shutdown of broad parts of the government would start on Sunday as the new fiscal year starts without new spending legislation from Congress. Chances of a shutdown increased on Thursday as the House pursued partisan spending cuts and the Senate advanced separate legislation to temporarily extend spending. "The failure of House Republicans to act responsibly would hurt American families and cause economic headwinds that could undermine the progress we’re making," Yellen said.

Persons: Janet Yellen, Seth Wenig, Yellen, Lael Brainard, Brainard, " Brainard, We've, David Lawder, Ann Saphir, Philippa Fletcher, Jonathan Oatis Organizations: Treasury, Rights, Port, Republicans, Senate, CNBC, . Commerce, Thomson Locations: United States, New York, U.S, Savannah, Georgia

☆ NEC Director Lael Brainard: The inflation data today is absolutely good news
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNEC Director Lael Brainard: The inflation data today is absolutely good newsLael Brainard, National Economic Council Director, joins 'Squawk on the Street' to discuss the August PCE price index, inflation outlook, the potential economic impact of a government shutdown, and more.

Persons: Lael Brainard Organizations: NEC, National Economic

☆ Sam Bankman-Fried talked crypto with Jerome Powell the same month that the Fed chair met with JPMorgan and Goldman Sachs CEOs
▼ + stars: | 2023-09-28 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Sam Bankman-Fried met with Jerome Powell last year to discuss crypto, per the NYT. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJerome Powell, the chair of the Federal Reserve, once met with Sam Bankman-Fried to discuss crypto, The New York Times reported. Prior to the meeting, Wetjen sent the Fed chair some policy papers that FTX had recently published, according to the NYT. The FDIC and a spokesperson for Bankman-Fried did not immediately respond to Insider's request for comment, sent outside US working hours.

Persons: Sam Bankman, Fried, Jerome Powell, SBF, Martin Gruenberg, —, Mark Wetjen, Wetjen, FTX, Powell, stablecoins, cryptocurrencies, Goldman Sachs, David Solomon, Jamie Dimon, Morgan Stanley, James Gorman, Lael Brainard Organizations: Wall Street, Service, Federal Reserve, The New York Times, Commodity Futures Trading Commission, JPMorgan Chase, Times, Fed, National Economic Council, Federal Deposit Insurance Corporation, FDIC, Customers Locations: Alameda

Mr. Powell’s public calendar shows that he and Mr. Bankman-Fried met as planned. And Mr. Wetjen went on to send the Fed chair two policy papers that FTX had recently published, according to emails obtained through a public records request. “Hope you’re finding these useful!” Mr. Wetjen wrote. According to newly released records, Mr. Wetjen managed to gain access to a range of federal officials. And public calendars show that Mr. Bankman-Fried went on to meet with another top financial regulator, Martin Gruenberg, head of the Federal Deposit Insurance Corporation.

Persons: Jerome H, Powell, Sam Bankman, ” Mr, Mark Wetjen, Fried, Wetjen, FTX, Hope, Mr, Lael Brainard, Martin Gruenberg Organizations: Federal Reserve, Commodity Futures Trading Commission, Fed, White, National Economic Council, Federal Deposit Insurance Corporation Locations: Washington

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell swore in three members of the central bank's governing board Wednesday, including Philip Jefferson as vice chair and Adriana Kugler to fill a vacant seat as the central bank's first Latina governor. As Fed governors, they will vote at the Fed's eight yearly meetings on interest rate policies as well as on changes to financial regulations. Political Cartoons View All 1157 ImagesJefferson, who first joined the board last year, was sworn in as vice chair and will therefore work closely with Powell on interest rate policy. His term as vice chair will end Sept. 7, 2027, though he can remain on the board as a governor until 2036. She was a Marshall scholar at Oxford University and holds a Ph.D. in economics from the University of California, Berkeley.

Persons: Jerome Powell, Philip Jefferson, Adriana Kugler, Joe Biden, aren't, Kugler, Lael Brainard, Obama, Jefferson, Powell, Biden, Lisa Cook, Cook Organizations: WASHINGTON, —, Latina, Georgetown University, Fed, United States ’, World Bank, Labor, Davidson College, University of Virginia, Michigan State University, Harvard University’s Kennedy School of Government, Oxford University, University of California Locations: Georgetown, United States, North Carolina, Marshall, Berkeley

☆ NEC Director Lael Brainard on August jobs report: People are coming back and going to work
▼ + stars: | 2023-09-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNEC Director Lael Brainard on August jobs report: People are coming back and going to workLael Brainard, National Economic Council Director, joins 'Squawk on the Street' to discuss the August jobs report, the role of unions in the current jobs environment, China's economic crisis and the impact on the U.S., and more.

Persons: Lael Brainard Organizations: NEC, National Economic

☆ Gilgo Beach killings: Sex workers describe encounters with Rex Heuermann
▼ + stars: | 2023-08-25 | by ( Brynn Gingras | ) edition.cnn.com time to read: +2 min

CNN —Two women held in Suffolk County jail say they had encounters with the Gilgo Beach killings suspect Rex Heuermann, describing the meetings with him as “violent” and “aggressive,” sheriff’s department spokesperson Vicki DiStefano said Thursday. The alleged encounters with the two female sex workers are believed to have happened more than a decade ago, said DiStefano, noting the women expressed concern for their safety during the time they say they were with Heuermann. The information was uncovered as part of ongoing interviews by the Suffolk County Sheriff’s Department human trafficking unit, which was created to help those incarcerated have access to services and support they need to recover. Since Heuermann’s July 13 arrest, the unit has been interviewing sex workers, as well as showing a picture of Heuermann to women, to see if they recall any interactions with him. He has pleaded not guilty in the killings of Melissa Barthelemy, Megan Waterman and Amber Lynn Costello.

Persons: Rex Heuermann, Vicki DiStefano, DiStefano, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Maureen Brainard, Barnes Organizations: CNN, Suffolk County Sheriff’s Department Locations: Suffolk County, Suffolk, Nassau County, New York, New York City, Gilgo Beach, Shore

☆ Roundabouts are safer than traffic lights. So why are there so few in the U.S.?
▼ + stars: | 2023-08-16 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +2 min

Consider the simple roundabout — a traffic circle well known in Europe but less familiar across most of America. Proponents say roundabouts can dramatically reduce crashes, injuries and deaths, can improve traffic and even save a city a fair bit of money. "'Can you get rid of this traffic light near my house or near my business?' The Insurance Institute for Highway Safety, which is funded by the insurance industry and issues widely watched crash test ratings for vehicles, says roundabouts are considerably safer for drivers and pedestrians and cause much less congestion than traffic lights. We have been rated over and over by various organizations [as] one of the best places to live in the United States; one of the best places to retire; one of the best places to raise families; one of the best places for single people.

Persons: Mayor Jim Brainard, Brainard, Brainard's Organizations: Mayor, Insurance Institute for Highway Locations: Europe, America, U.S, Carmel , Indiana, Carmel, United States

☆ CFPB to crack down on data brokers, Chopra says at White House event
▼ + stars: | 2023-08-15 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

WASHINGTON — The White House on Tuesday held a roundtable examining potential harmful data broker practices as part of an overall strategy to protect Americans' privacy. The CFPB's new rule proposals will build upon the FCRA to hold data brokers that sell highly sensitive information more accountable. One proposal, said Chopra, will define a data broker dealing in certain types of consumer data as a consumer reporting agency and the brokers' sale of data as a consumer report. Another will clarify whether credit header data, the portion of a credit report that contains identifying information, can be considered a covered consumer report. "We applaud the steps the Consumer Protection Financial Bureau is taking to stop data brokers from unlawfully collecting and selling millions of Americans' sensitive data," she said.

Persons: WASHINGTON, Chopra, There's, Arati Prabhakar, Lael Brainard, Lina Khan, Brian Boynton, Khan, Brainard Organizations: Consumer, Fair, White, Office of Science, Technology, National Economic Council, Federal Trade, Justice Department's Civil, FTC, Protection

☆ US commerce chief says China export controls will hit companies' revenue
▼ + stars: | 2023-07-27 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

REUTERS/Florence Lo/IllustrationWASHINGTON, July 26 (Reuters) - Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target U.S. controls on exports to China, but rules will cost firms some revenue. Restrictions should not be so broad "that you deny American companies revenue and China can get the product elsewhere, or China can get the product from other countries," Raimondo said at a forum. Rules "will deny some revenue to American companies, but we think it's worth it." Raimondo said the administration is meeting with companies "to get to the right place so we don't damage American business but quite frankly protect American national security." The Biden administration is considering updating a sweeping set of rules imposed in October to hobble China's chip industry and a new executive order restricting some outbound investment.

Persons: Florence Lo, Gina Raimondo, Biden, Raimondo, hobble, we're, Antony Blinken, Lael Brainard, Jake Sullivan, David Shepardson, Leslie Adler Organizations: REUTERS, WASHINGTON, Biden, Semiconductor Industry Association, Nvidia, Qualcomm, Intel, Huawei, National Economic, National Security, Thomson Locations: of China, U.S, China, American, United States

Rex Heuermann, the Long Island architect charged in the Gilgo Beach serial murder case, kept 279 weapons in his rundown home, most of them in a basement vault big enough to walk into, the authorities said on Tuesday. Mr. Heuermann had lived with his family in the dilapidated one-story house with the unkempt yard on First Avenue in Massapequa Park, N.Y., for years, commuting to his architectural consultancy in Manhattan. As they’ve worked, the house has become something of a tourist attraction for true crime fans and a daily encampment for news crews covering the case. Mr. Heuermann has been charged with killing Amber Lynn Costello, 27; Melissa Barthelemy, 24; and Megan Waterman, 22. He is the prime suspect in the murder of Maureen Brainard-Barnes, 25.

Persons: Rex Heuermann, Heuermann’s, Raymond A, Tierney, Heuermann, they’ve, Amber Lynn Costello, Melissa Barthelemy, Megan Waterman, Maureen Brainard Locations: Suffolk County, Massapequa Park, N.Y, Manhattan, Gilgo, Shore, Barnes

CNN —The search of Rex Heuermann’s Long Island home has ended after investigators turned up “quite a lot of evidence” in the Gilgo Beach serial killings, Suffolk County District Attorney Ray Tierney said Tuesday. “We are for all intents and purposes done with the search,” Tierney told reporters. Suffolk County District Attorney Ray Tierney says the search of Rex Heuermann's home turned up "quite a lot of evidence." “I did not do this,” his court appointed-attorney, Michael Brown, said Heuermann told him. “We’re going to look at the other instances where the bodies were recovered in that area as well,” Tierney said Tuesday.

Persons: Rex Heuermann’s, Ray Tierney, “, ” Tierney, Rodney Harrison, ”, Tierney, Rex Heuermann's, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Michael Brown, Maureen Brainard, Barnes, Harrison, “ We’re Organizations: CNN, Suffolk County Police, CNN Authorities, Investigators, Police Locations: Suffolk County, New York City, Gilgo Beach, Las Vegas, South Carolina’s Chester County, Shore

☆ How investigative journalists and a Netflix film kept the focus on the Gilgo Beach victims over a decade
▼ + stars: | 2023-07-22 | by ( Eric Levenson | ) edition.cnn.com time to read: +10 min

Watch The Whole Story with Anderson Cooper: The Gilgo Beach Killer Sunday at 8 p.m. The bodies of four women were among nearly a dozen sets of human remains found near Gilgo Beach and Ocean Parkway on Long Island. Suffolk County Police DepartmentHeuermann has pleaded not guilty to the murders of Megan Waterman, Melissa Barthelemy and Amber Lynn Costello. A major corruption scandal within Suffolk County law enforcement did not help the matter. Notably, a day after he was arrested, the Suffolk County police deputy commissioner announced that the FBI would join the investigation into the Gilgo Beach murders.

Persons: Anderson Cooper, Shannan Gilbert, Long, Gilbert, WH ”, ”, Spencer Platt, Rodney Harrison, Rex Heuermann, Heuermann, Melissa Barthelemy, Maureen Brainard, Barnes, Amber Lynn Costello, Megan Waterman, Suffolk County Police Department Heuermann, “ It’s, ” Robert Kolker, CNN International’s Rosemary, “, it’s, ” Kolker, “ There’s, who’s, Kolker, Ellen Killoran, Erin Moriarty, Amy Ryan, Liz Garbus, Shannan, Mari, Mari Gilbert, Garbus, James Burke, Burke, Thomas J, Spota, Christopher McPartland, Harrison, Heuermann’s, he’s, Ray Tierney, I’m Organizations: CNN, Netflix, Getty, Suffolk County Police, FBI, Force, Suffolk County Police Department, CNN International’s, “ People Magazine, New York Times, Authorities, Long Island Press, Golden State, Attorney Locations: Shore, Gilgo Beach, Long, Suffolk County, Suffolk

☆ Gilgo Beach killings: Search warrant for suspect's South Carolina property sought possible 'trophies,' other items that may have been used in murders, newspaper reports
▼ + stars: | 2023-07-21 | by ( Rob Frehse | ) edition.cnn.com time to read: +3 min

CNN —A search warrant for property in South Carolina owned by the suspect in the Gilgo Beach serial killings sought possible “trophies,” among other items, the suspect may have taken after the killings, according to the Chester News & Reporter, which has seen the warrant. CNN has reached out to authorities in South Carolina to obtain the search warrant. The South Carolina warrant shows a long list of items under “property sought,” many of which are listed as “trophies,” the paper reported. The warrant also sought any firearm-related evidence or storage containers. The women, who disappeared between 2007 and 2010, all worked as escorts and advertised their services, according to police.

Persons: Rex Heuermann, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Maureen Brainard, Barnes, Ray Tierney Organizations: CNN, Chester News, New York City, Parkway Locations: South Carolina, New York, Manhattan, Suffolk County, Nevada, Carolina, Heuermann, Shore

☆ Biden asks aides for options preventing future debt limit crisis
▼ + stars: | 2023-07-20 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +2 min

[1/2] US President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, DC, June 2, 2023. JIM WATSON/Pool via REUTERS/File PhotoWASHINGTON, July 20 (Reuters) - U.S. President Joe Biden asked a group of aides to explore "all legal and policy options" to prevent another debt limit standoff, the White House said on Thursday. The group includes Treasury Secretary Janet Yellen, Attorney General Merrick Garland, White House budget director Shalanda Young and Council of Economic Advisers chair Jared Bernstein. This year's bipartisan debt ceiling deal keeps fiscal 2024 spending flat at this year's levels, allowing a 1% increase for fiscal 2025. The deal was approved by 149 House Republicans - a strong party majority - along with 165 Democrats.

Persons: Joe Biden, JIM WATSON, Kevin McCarthy, Stuart Delery, Lael Brainard, Biden, Janet Yellen, General Merrick Garland, Shalanda Young, Jared Bernstein, Laurence Tribe, Morgan Stanley, Seth Carpenter, Trevor Hunnicutt, Leslie Adler, Stephen Coates Organizations: White, WASHINGTON, Democratic, Republican, National Economic, U.S . Constitution, Economic, Harvard Law School, Republicans, Thomson Locations: Washington , DC, United States, U.S .

Strands of hair were key in the investigationStrands of hair were among the key evidence that helped investigators bring Heuermann into custody. In addition, female hair now believed to be from Heuermann’s wife was found on or near three of the victims, prosecutors allege in the bail application. On Wednesday – less than a week since Heuermann’s arrest – his wife, Asa Ellerup, filed for divorce, her attorney said. Ellerup “and her family are going through a devastating time in their lives,” a Thursday statement from her attorneys said. “The sensitive nature of her husband’s arrest is taking an emotional toll on the immediate and extended family, especially their elderly family members.”“Ms.

Persons: Rex Heuermann, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Maureen Brainard, Barnes, Ray Tierney, Heuermann’s, Rodney Harrison, CNN’s Erica Hill, “, ” Harrison, –, Asa Ellerup, Ellerup “, ”, ” “, Ellerup Organizations: CNN, New York City, Suffolk County Police Locations: , New York, New York, Suffolk County, Long, Massapequa

☆ Rex Heuermann: Gilgo Beach serial killings investigation expands to Nevada and South Carolina
▼ + stars: | 2023-07-19 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +6 min

CNN —Probes into Gilgo Beach serial killings suspect Rex Heuermann now reach across the country as investigators are examining his connections to Las Vegas and South Carolina, where the suspect has owned property. The couple has since sold the first property, the records show, and it is unclear whether they still own the second. Heuermann has pleaded not guilty in the murders of Melissa Barthelemy, Megan Waterman and Amber Costello. FBI investigators were also seen talking to neighbors in the rural South Carolina neighborhood on Tuesday. Prosecutors have detailed a trove of evidence used to connect Heuermann to at least three of the Gilgo Four killings, including credit card bills, cell phone data and DNA evidence.

Persons: Rex Heuermann, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes, Heuermann’s, Steve Caston, Caston, ”, Amber Lynn Costello, “, Anthony Carter, Rodney Harrison, John Minchillo, wouldn’t, –, Ray Tierney, Brainard, Harrison Organizations: CNN, Gilgo, Police, Las Vegas Metropolitan Police Department, Heuermann, Chevy Avalanche, FBI, Police Department, Suffolk County, Prosecutors, Parkway, Craigslist, Authorities, Barnes Locations: Las Vegas and South Carolina, Las Vegas, Long, , New York, New York City, South Carolina’s Chester County, South Carolina, Megan Waterman Suffolk, Suffolk, Heuermann, Shore, Suffolk County

When the police returned two days later, they found the remains of three other women — Amber Lynn Costello, Megan Waterman and Maureen Brainard-Barnes. They were all also found bound at the feet or ankles and wrapped in burlap along a stretch of sand about a quarter mile long. Seven other bodies would be found in the months that followed, including Ms. Gilbert, four other women, a man who was never identified and a 2-year-old girl. The bodies, two of which were only partial remains, had not been bound and wrapped as those in the first group were. But that dumping, he said, has generally been the work of an organized crime group or gang.

Persons: Gilbert, Melissa Barthelemy, Amber Lynn Costello, Megan Waterman, Maureen Brainard, Fred Klein, Joel Rifkin, ”, Klein Organizations: Bronx, Barnes, Brooklyn and, Hofstra University Locations: Brooklyn, Brooklyn and New Jersey, Nassau County

☆ Biden creates new competition role on National Economic Council
▼ + stars: | 2023-07-18 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

Summary White House readying actions in new corporate sectorsCompetition Council to have fifth meeting on WednesdayIndustry chafes at 'regulatory overreach'WASHINGTON, July 18 (Reuters) - President Joe Biden has created a new role on the National Economic Council (NEC) to tackle anticompetitive business practices, naming NEC member Hannah Garden-Monheit as Director of Competition Council Policy, the White House said on Tuesday. One may be the retail sector, which National Economic Council Director Lael Brainard singled out last October before leaving her job as Federal Reserve vice chair, arguing it had "ample room" to "recompress margins" after COVID-19 price hikes. "Institutionalizing competition policy within the National Economic Council and the White House is another critical step ... to make sure we right the wrongs of failed antitrust enforcement and competition policy enforcement for the last several decades." Columbia University Professor Timothy Wu, who led the White House antitrust push until December, said Biden's decision to create a specific role centered on the competition council reflected its importance. "Creating a White House director of competition policy is a big deal — it cements the White House role in antitrust policy and ensures a lasting impact," he said.

Persons: Joe Biden, Hannah Garden, Biden, Monheit, Lael Brainard, Morgan Harper, Timothy Wu, Andrea Shalal, Josie Kao, Matthew Lewis Organizations: Competition Council, Industry, National Economic Council, NEC, Competition, Reuters, Economic, Reserve, U.S . Chamber, Commerce, Council, Consumer Financial, Bureau, American Economic Liberties, Columbia, White, Thomson Locations: WASHINGTON, U.S, Wednesday's, Washington

☆ Biden creates new anti-competition role on National Economic Council
▼ + stars: | 2023-07-18 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

Biden created the council as part of an executive order two years ago to crack down on anti-competitive practices in sectors from agriculture to drugs and labor, and find ways to lower prices for consumers. She said would work with Congress to curb anti-competitive practices in agriculture, while seeking new focal areas. One may be the retail sector, which National Economic Council Director Lael Brainard singled out last October before leaving her job as Federal Reserve vice chair, arguing it had "ample room" to "recompress margins" after COVID-19 price hikes. Columbia University Professor Timothy Wu, who led the White House antitrust push until December, sans the new title, said Biden's decision to create a specific role centered on the competition council reflected its importance. "Creating a White House director of competition policy is a big deal — it cements the White House role in antitrust policy and ensures a lasting impact," he said.

Persons: Joe Biden, Hannah Garden, Biden, Monheit, Lael Brainard, Timothy Wu, Andrea Shalal, Josie Kao Organizations: Competition Council, Industry, National Economic Council, NEC, Competition, Reuters, Economic, Reserve, U.S . Chamber, Commerce, Council, Columbia University, White, FDR, Thomson Locations: WASHINGTON, U.S, Wednesday's, Washington

☆ Biden meets labor organizers from Starbucks, Minor League Baseball
▼ + stars: | 2023-07-18 | by ( Nandita Bose | ) www.reuters.com time to read: +2 min

WASHINGTON, July 17 (Reuters) - President Joe Biden and Senator Bernie Sanders met with young labor organizers from Starbucks and Minor League Baseball among others at the White House on Monday as a growing number of worker strikes grip the country. In a tweet on Monday night, Biden said he and Sanders met with young labor leaders to discuss their fight for better pay and benefits. And organizing or joining a union - that's democracy in action," Biden tweeted. Administration officials in Monday's meeting included Acting Secretary of Labor Julie Su, White House National Economic Council Director Lael Brainard, and White House Director of Governmental Affairs Tom Perez, the official said. Biden, who is often referred to as the most pro-union president in U.S. history by labor leaders, had a similar meeting with union activists from Amazon and Starbucks at the White House last year.

Persons: Joe Biden, Bernie Sanders, Biden, Sanders, Karine Jean, Pierre, Labor Julie Su, Lael Brainard, Tom Perez, Nandita Bose, Sonali Paul Organizations: Starbucks, Minor League Baseball, White, Apple, House Press, Labor, National Economic, Governmental, Amazon, Thomson Locations: U.S, dockworkers, Washington

Authorities have said the suspect, Rex Heuermann, obsessively followed the case of the “Gilgo Four,” a group of four women whose remains were uncovered more than a decade ago near Long Island’s Gilgo Beach. The source said one such object includes a doll found in the house but not in the children’s rooms. Though prosecutors have said Heuermann is the prime suspect in the fourth killing of Brainard-Barnes, he has yet to be charged in the case. Among the hundreds of firearms found hidden in Heuermann’s home were pistols, revolvers and semi-automatic rifles, a source said. Three of the women – Costello, Waterman and Brainard-Barnes – worked as escorts and Barthelemy was a sex worker, according to police.

Persons: Rodney Harrison, Rex Heuermann, Harrison, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes, Brainard, Ray Tierney, Anthony Carter, ”, Carter, “, ” Carter, ” Heuermann, Tierney, ” Tierney, Amber Lynn Costello, – Costello, Waterman, Barnes –, Barthelemy, Costello Organizations: CNN, Police, Authorities, Investigators, Police Department, Craigslist, Suffolk County Locations: Suffolk, Barnes , Suffolk County, Long, Shore, Heuermann, Manhattan, Megan Waterman Suffolk, New York City, Hauppauge

☆ Biden to meet labor organizers from Starbucks, Minor League Baseball
▼ + stars: | 2023-07-17 | by ( Nandita Bose | ) www.reuters.com time to read: +1 min

WASHINGTON, July 17 (Reuters) - President Joe Biden and Senator Bernie Sanders will meet young labor organizers from Starbucks and Minor League Baseball among others at the White House on Monday as a growing number of worker strikes grip the country. Biden and Senator Sanders, who chairs a committee on labor issues, are expected to congratulate organizers for the work they have done and discuss the president's "belief that worker power is essential to growing the economy from the middle out and bottom up," White House Press Secretary Karine Jean-Pierre said. Administration officials in Monday's meeting include Acting Secretary of Labor Julie Su, White House National Economic Council Director Lael Brainard, and White House Director of Governmental Affairs Tom Perez, the official said. Biden, who is often referred to as the most pro-union president in the history of the United States by labor leaders, had a similar meeting with union activists from Amazon and Starbucks at the White House last year. Reporting by Nandita Bose in Washington; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Bernie Sanders, Biden, Sanders, Karine Jean, Pierre, Labor Julie Su, Lael Brainard, Tom Perez, Nandita Bose, Sonali Paul Organizations: Starbucks, Minor League Baseball, White, Apple, House Press, Administration, Labor, National Economic, Governmental, Amazon, Thomson Locations: U.S, dockworkers, United States, Washington

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