THE RATCHET EFFECT: Biden Races to Trump-Proof His Agenda. “The past few months have seen a frenzy of regulatory activity. In April, government agencies finalized nearly three dozen economically significant regulations, more than during any single month of Biden’s presidency, according to the George Washington University Regulatory Studies Center. New policy announcements from the White House are being rolled out multiple times each week on issues ranging from tighter environmental rules to new restrictions on noncompete agreements.”