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Donald Trump made a splash in Silicon Valley, signaling he wants to compete for the Bay Area’s deep pockets. But President Biden isn’t going to give those donors up without a fight.
Biden has gotten Trumpy on immigration and tariff policy. But without the Trump mouthpiece, these moves to the center could backfire.
If Biden had his way, he might wave a wand and rapidly cool the hot labor market — because it would bring inflation down faster.