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Fortune
Fortune
Shawn Tully

The 'money doctor' says America is turning European under Biden's industrial policy. 'The Biden agenda could be sporting a beret'

Joe Biden (Credit: BRENDAN SMIALOWSKI/AFP via Getty Images)

In June 2021, Brian Deese, the director of Joe Biden’s National Economic Council, planted a flag in the ground. “I am excited to lay out our vision for a 21st-century American industrial strategy,” he said in a speech at the Atlantic Council in Washington, DC. This is a playbook to “strengthen our supply chains and rebuild our industrial base, across sectors, technologies, and regions.”

From his perch at the nearby Johns Hopkins University in Baltimore, the “money doctor” was watching on with shock. 

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