Dozens of CEOs along with prominent business leaders and lawyers hold Zoom Call

Dozens of CEOs along with prominent business leaders and lawyers held a Zoom call over the weekend to discuss how to further legislation to relax voting regulations nationwide. The objective of the call was apparently to share that executives from companies like PepsiCo, PayPal, T. Rowe Price, and others were prepared to effectively punish states that pursued legislation that would enhance voter integrity. Another point of the virtual meeting was, of course, to recruit more multinational conglomerates to the cause. America has some of the most lax voting rules in the western world, but even those have been likened to “Jim Crow” laws in recent days by Democratic Party activists and politicians. These activist Democrats have seemingly taken hold over corporate boardrooms. This is a massive evolution in the woke-ification of American business; this trend will no doubt continue.

Biden surrogates spent the weekend making the case for infrastructure — but not just “traditional” infrastructure, human infrastructure. The Breitbart Business Digest is not certain exactly what that means, but depending on which Biden surrogate you ask, it includes housing, child care, addressing climate change, the “care economy,” climate change (it’s worth two mentions), and possibly even amnesty for illegal aliens. If all of this is “infrastructure,” then the word has no meaning. And if the word has no meaning, “infrastructure” probably won’t pass into law unless substantial tweaks are made to the original proposal. We’ll keep you posted.

Also in the news, the U.S. budget deficit expanded to a record $1.7 trillion in the first half of the fiscal year. This week, we are keeping an eye on key indicators of inflation. As previously noted, our deepest concern is “K” shaped inflation where spikes in the relative price of essentials like gas and food disproportionately harm the lower and working classes.

Janet Yellen said she would not label China as a currency manipulator. This is not a surprise. The Trump administration gave the communist country that designation in 2019 but removed it a few months later.