The role will work with the National Economic Council to curb monopolies to protect small businesses.
President Joe Biden created a new position in the National Economic Council to address anticompetitive practices in American businesses. He has appointed current council member Hannah Garden-Monheit as the first Director of Competition Council Policy, authorizing her to work with the council’s 18 members to guide the focus of their antitrust policies.
“We’re going to use all the tools that we have to take targeted actions where we can,” Director Garden-Monheit said, pointing out a number of economic sectors, like agriculture and furniture manufacturing.
The addition of this position has bipartisan support within Congress, as legislators anticipate this new role can help them address excess airline fees and bank charges.
As the Lord Leads, Pray with Us…
- For Director Garden-Monheit as she heads the efforts to promote competition in the U.S. economy.
- For members of the National Economic Council as they evaluate the economy and advise the president.
Sources: Reuters, The White House
