AUSTIN, Texas – President Biden signed an executive order on Friday that will benefit workers and consumers across the country. The president’s order includes 72 initiatives in which he has called on more than a dozen federal agencies to crack down on anti-competitive practices in employment and commerce, including the healthcare and drug market. on prescription.
Some of the changes to the ordinance will make it easier to change jobs and help raise wages by prohibiting or limiting unnecessary and burdensome non-competition agreements and professional licensing requirements that hamper economic mobility.
The order also calls on the HHS to develop a plan to stop rising prices in the pharmaceutical market, allows easier importation of prescription drugs from Canada and allows the sale of over-the-counter hearing aids.
And in an age when so many people need fast, affordable, and reliable internet access, President Biden is making it easier to get better internet at a lower cost by banning certain fees such as early termination and removal of internet. exclusivity agreements of owners for tenants.
Other initiatives in the decree will make it easier to obtain refunds from airlines, allow consumers to make repairs to items they own, and end many abusive policies that harm consumers and workers in airline industries. health, insurance, technology, labor and agriculture. .
Learn more about President Biden’s Executive Order on Promoting Competition in the U.S. Economy here.
Texas Democratic Party Chairman Gilberto Hinojosa made the following statement:
“Today’s President’s announcement is yet another reason we’re celebrating America’s resilience as we rebuild better. As Texas Democrats, we are very proud of the work President Biden and Vice President Kamala Harris are doing not only to help us exit this pandemic safely, but also to grow our economy and ensure that working families can participate in the progress of our country. It’s refreshing to see real leadership back in the White House and an administration that truly and deeply cares about the American people. “