Progressive caucus urges Biden to act on wages, bank regulation and climate

The Congressional Progressive Caucus has urged Joe Biden to reinforce federal oversight of large corporations, increase wages for working people and address the climate crisis.

Outlining its 2023 executive action agenda on Thursday, the CPC offered Joe Biden an opportunity to deliver on a range of Democratic policy priorities, and stifle recent criticism from the left wing of his party, using the power of the executive pen.

Among other proposals, the CPC is calling on Biden to address the rising cost of living by expanding the pool of workers eligible to receive overtime pay and lowering prescription drug prices. In regards to the climate crisis, the CPC wants the president to implement new federal rules on fossil fuel-fired power plants and accelerate the transition to clean energy.

Despite significant legal hurdles, the CPC and its supporters hope that Biden will not only act on their proposed executive orders but that those policies will actually have the chance to be implemented.