"This effort by the Biden Administration to use regulatory agencies to micromanage how private businesses set prices will have the same result: shortages, fewer choices for consumers, a weaker economy, and less jobs," U.S. Chamber of Commerce Executive Vice President Neil Bradley said. The White House announced the new strike force this week ahead of Biden's State of the Union address. Biden said the new strike force, led by the Department of Justice and the Federal Trade Commission, would "crack down on unfair and illegal pricing."