The A.I. Spending Frenzy Is Propping Up the Real Economy, Too

Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.

America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.