Good afternoon, this is NBC News with breaking news out of Washington.
The White House has announced that they are looking into instituting tougher regulations on certain industries and businesses. According to White House sources, the industries and businesses that are on their radar are those that have been accused of contributing to the nation’s economic inequality and environmental degradation.
The White House has not yet specified which industries and businesses they are targeting, but they have indicated that they are actively looking into what regulations they can put in place to ensure that these businesses are held accountable for the damage they have caused.
This news comes as the Biden Administration has already made it clear that they are looking for ways to address the economic inequality and environmental degradation that has been caused in part by the actions of certain industries and businesses.
We will continue to provide updates as more information becomes available.
