Biden said the US will issue new rules and $1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of 'meaningful competition' in the meat sector.
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Biden offers $1 billion to small meat producers to fight inflationThe Biden administration will offer $1 billion to help independent meat and poultry producers in its latest measure to fight inflation, the White House announced Monday.Driving the news: The Biden administration has argued that large corporations and corporate monopolies are responsible for rapidly rising prices. It specifically blames four monopolists in the meat-processing industry for increasing meat prices.Stay on top of the latest market trends and economic insights with Axios Markets. Subs
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Biden vows US to act decisively if Russia invades UkrainePres. Biden is resuming his telephone diplomacy over the Russian troop buildup near its border with Ukraine, coordinating with Ukraine's leader on strategy to de-escalate a crisis that Moscow says could rupture ties with Washington.
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Biden tells Ukrainian president US 'will respond decisively if Russia further invades'President Joe Biden told Ukrainian President Volodymyr Zelensky on Sunday that the US and its allies 'will respond decisively if Russia further invades Ukraine,' according to a readout of a call between the two leaders provided by the White House.
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Biden vows US to act decisively if Russia invades Ukraine | AP NewsThe White House says President Joe Biden has conferred with Ukraine’s leader over the Russian troop buildup near its border, promising that the U.S. and allies will act “decisively” if Russia further invades Ukraine.
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