New York Times (July 30)
“Mr. Biden has managed to do what Mr. Trump repeatedly promised but never could pull off: move forward on a big-spending, bipartisan deal to rebuild American roads, bridges, water pipes and more.”
Tags: Biden, Big-spending, Bipartisan, Bridges, Deal, Pipes, Promised, Pull off, Rebuilding, Roads, Trump, U.S., Water
Houston Chronicle (July 15)
“The $3.5 trillion budget proposed by top Democrats represents the biggest move yet by President Joe Biden to attack climate change, including provisions such as clean energy standards for power grids, fees on methane emissions from oil and gas drilling, and increased incentives for electric cars.” If enacted, the legislation, “would set in motion a historic shift from fossil fuels and deliver a blow to the oil and gas producing regions across Texas, which have powered the nation’s economy for a century.”
Tags: $3.5 trillion, Biden, Clean energy, Climate change, Democrats, Drilling, Emissions, EVs, Fees, Fossil fuels, Gas, Historic, Methane, Oil, Power grids, Shift, Texas
Bloomberg (June 25)
“The prospect of investing in massive U.S. government projects—say, by leasing an airport and reaping revenue for decades—has tantalized Wall Street” for years. Finally, it seems their “big wish” has been granted by Biden’s Infrastructure Deal. “The size of the potential capital infusion from private investors… wasn’t announced. But the reference to asset recycling and public-private partnerships… is a start.”
Tags: Airport, Asset recycling, Biden, Capital infusion, Government projects, Infrastructure Deal, Investors, Leasing, Public-private partnerships, Revenue, Tantalized, U.S., Wall Street
Institutional Investor (April 29)
“One hundred days into Joe Biden’s presidency, his administration’s executive orders and agency actions have reinstated and advanced an environment that empowers sustainable investing…. All of this sets our children and grandchildren and wildlife up for a more secure future — but threats to sustainable investing remain.”
Tags: Administration, Advanced, Agency actions, Biden, Children, Empowers, Environment, Executive orders, Reinstated, Secure, Sustainable investing, Threats, Wildlife
Barron’s (February 23)
“Markets are now pricing for the sweet spot of reflation toward equilibrium. But too much of a good thing is, well, not a good thing. And with the Biden administration proposing a fiscal stimulus package nearly three times as large as the U.S. output gap and given a probable improvement in household demand as more Americans are vaccinated, the risk of overheating is not trivial.”
Tags: Biden, Equilibrium, Fiscal stimulus, Household demand, Markets, Overheating, Pricing, Reflation, Risk, Sweet spot, U.S., Vaccinated
New York Times (February 20)
“The nation’s energy delivery system, not just in Texas but everywhere, needs a radical overhaul if it is to withstand future shocks and play the role that President Biden has assigned it in the battle against climate change.”
The Economist (January 30)
“No part of the world matters more to America’s interests than Asia, and no part stands to lose so much from an American retreat.” As he sets about repairing four years of Trump damage, Joe Biden will find many receptive. “None of China’s neighbours wants it to call all the military and economic shots,” but “the trick for President Joe Biden will be to restore faith in America without asking Asian countries to take its side openly against China.”
Tags: Asia, Biden, China, Damage, Economic shots, Interests, Military, Receptive, Repairing, Restore, Retreat, Trump, U.S.
Los Angeles Times (January 21)
“On the first day of the Biden administration, we had already seen something almost entirely missing from Washington over the last four years: A-list stars. Also, music.” Whereas “Trump treated the arts as an adversary. Biden’s first day told a different story.”
Tags: A-list stars, Adversary, Arts, Biden, Music, Trump, Washington
Washington Post (January 19)
“The challenge — and the opportunity — for Joe Biden is that he succeeds the worst president in U.S. history. Donald Trump’s tenure was characterized by colossal incompetence and mind-numbing indifference to the public good.” As a result, the new president will face the biggest challenges since Franklin D. Roosevelt. “Paradoxically, by taking over at such a low point in our history, Biden is set up for success” and his approval rating is already “higher than Trump’s ever was.”
Tags: Biden, Challenge, Incompetence, Indifference, Opportunity, Public good, Roosevelt, Success, Trump, Worst
Reuters (January 14)
“Firms from JPMorgan to AT&T are rethinking political donations after last week’s Capitol violence…. The storming of the seat of U.S. government has spurred a sea change in corporate America. AT&T, the biggest company spender in the last election cycle… is suspending political donations to Republican lawmakers who objected without evidence to the November presidential election, in which Joe Biden defeated Donald Trump. Others, like JPMorgan, paused their giving altogether to reassess their strategy.”
Tags: AT&T, Biden, Capitol, Donations, Election cycle, Government, JPMorgan, Republicans, Rethinking, Trump, U.S., Violence
