Day: December 11, 2024

P.M. Edition for Dec. 11. Bills introduced in the Senate and House seek to break up pharmacy-benefit managers, or PBMs. WSJ reporter Liz Essley White explains what that could mean for companies and for consumers. And U.S. inflation ticked up last month. Wall Street Journal economics reporter Harriet Torrey clues us in on what that might mean for the Fed when it meets next week. Plus, FBI Director Christopher Wray steps down before President-elect Donald Trump takes office. Alex Ossola hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Two years ago, President Biden and congressional Democrats passed the Inflation Reduction Act, aimed at stimulating clean energy production and reducing carbon emissions. Since then, hundreds of thousands of jobs have been created and Americans have claimed over $8 billion in tax credits to spend on climate-friendly technologies for their homes. The biggest winners have been more conservative areas , where more investments have been made because of lower tax barriers and more incentives for companies to build there. But despite this, President-elect Donald Trump has vowed to stop efforts to boost clean energy, calling it the “green new scam.” “Post Reports” co-host Elahe Izadi speaks with reporter Maxine Joselow about how he could do this and what the lasting effects of the Inflation Reduction Act might be. Today’s show was produced by Sabby Robinson with help from Elana Gordon. It was mixed by Justin Gerrish and edited by Lucy Perkins with help from Maggie Penman. Thank you also to Roger Hodge. Subscribe to The Washington Post here .

FBI Director Chris Wray has announced he’ll step down in January. In the days since the ousting of Syria President Bashar al-Assad, some countries are targeting Syrian military sites. We’ll tell you about the extra steps corporations are taking to protect their executives after last week’s killing of UnitedHealthcare’s CEO. Kroger is being sued by the company it wanted to merge with. Plus, human rights activists aren’t happy about FIFA’s latest announcement.
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AP Washington correspondent Sagar Meghani reports the FBI’s director says he’ll step down once President Biden leaves office.

AP correspondent Ed Donahue has an update on a man from Wisconsin who faked his own death.