Biden appointed a young woman to the Federal Trade Commission, Lena Kahn. She has moved to challenge major transactions that would have eroded competition in critical sectors of the economy. Her view is that the American economy is far too concentrated in the hands of a few companies. This has been a really big change from Democrats under the Obama administration.
A lot of Americans are still feeling iffy about the economy, but Joe Biden’s so proud of how things are going that he’s stuck his name on it. The Washington Post’s Jeff Stein explains “Bidenomics.”
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Michael Raphael, and hosted by Noel King.
Transcript at vox.com/todayexplained
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