Biden’s centrist words, liberal actions – By Dion Rabouin, Courtenay Brown, Jennifer A. Kingson (Axios) / January 22 2021
President Biden talks like a soothing centrist. He promises to govern like a soothing centrist. But early moves show that he is keeping his promise to advance a liberal agenda.
Why it matters: Never before has a president done more by executive fiat in such a short period of time than Biden. And those specific actions, coupled with a push for a more progressive slate of regulators and advisers, look more like the Biden of the Democratic primary than the unity-and-restraint Biden of the general election.
The big picture: Biden handed some of his most visible positions, including Treasury Secretary, to “old-timers” like former Fed chair Janet Yellen, says Joseph Trevisani, senior analyst at FXStreet.
- “But the power positions, where vast changes can be effected with a rule or regulatory change, are going to the younger officials like Rohit Chopra,” Biden’s choice to run the Consumer Financial Protection Bureau.
CONTINUE > https://www.axios.com/biden-centrist-words-liberal-actions-bc488dd2-cc1b-4601-b858-4bbdf4c6a17e.html
