Biden inauguration, Yellen urges Congress to ‘act big’ on stimulus, top EU official on tech regulation goals
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 20 January 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
Joe Biden faces a long list of challenges after he is sworn in as the 46th US president today, Mr Biden’s nominee to serve as Treasury secretary, Janet Yellen, told Congress to “go big” on stimulus during her Senate confirmation hearing on Tuesday, and a US court has struck down the pro-coal power sector rules set by the outgoing president, Donald Trump. Plus, the FT’s Javier Espinoza speaks with Margrethe Vestager, the EU’s executive vice-president in charge of digital policy, about the future of tech regulation.
Joe Biden’s challenge: big, early victories in a toxic political climate
https://www.ft.com/content/fa01bc64-a80c-4c32-abad-f8eb778c4fe6
US court strikes down Trump’s pro-coal power sector rules
https://www.ft.com/content/fed06dac-7c84-47be-a137-0480518a9e98
Vestager warns Big Tech to cooperate or face patchwork of laws across EU
https://www.ft.com/content/2bd619a2-dee0-492a-b397-73a0ba00e369
Netflix signals stock buybacks to come as subscribers hit 200m
https://www.ft.com/content/ae6f0ad5-a685-4eab-86f5-a65e8c7021ef
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:01.6 | Today is Wednesday, January 20th, |
| 0:03.9 | and this is your FT news briefing. |
| 0:08.7 | Joe Biden becomes President of the United States today. |
| 0:11.8 | We'll take a look at the challenges that await him. |
| 0:14.4 | Biden's Treasury Secretary Pick Janet Yellen |
| 0:16.6 | tells Congress to go big on stimulus, |
| 0:18.9 | and a US court strikes down a Trump rule aimed at boosting coal. |
| 0:23.0 | Plus the head of digital policy at the European Commission, Margaret Vestager, tells the |
| 0:27.5 | F.T. about EU efforts to regulate big tech. |
| 0:30.8 | What we want to achieve is that what is illegal offline is also illegal online. |
| 0:35.6 | I'm Mark Filipino. Here's the news you need to start your day. At noon today in Washington, D.C., Joe Biden will be inaugurated as the 46th |
| 0:49.5 | President of the United States. The former Vice President will take office during one of the most challenging |
| 0:54.8 | periods in American history, a global pandemic, an economic crisis, and a politically divided nation. |
| 1:00.9 | Here to talk about Biden's priorities is the F.T.'s Lauren. |
| 1:04.3 | Hi, Lauren. |
| 1:05.3 | Hi, Mark. |
| 1:06.9 | So Lauren, what does Biden tackle first? |
| 1:08.9 | Sure. |
| 1:09.9 | So we have a little bit of an idea about what the president elect will be doing once he is in fact the |
| 1:14.9 | president. His incoming chief of staff released a memo last weekend in which he laid out a couple of |
| 1:21.1 | executive orders that the new president can sign pretty much from day one. |
... |
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