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Photo: Saul Loeb/AFP via Getty Images

President Biden is expected to issue an executive order calling on the Federal Trade Commission to adopt rules to limit the use of noncompete clauses, the White House announced Wednesday.

Why it matters: Noncompete clauses "force workers to sign away their right to take jobs in similar fields, often for months after leaving a job. These are increasing income inequality and helping hold down Americans' wage," analysts say.

What they're saying: "[R]oughly half of private sector businesses require at least some employees to enter noncompete agreements, affecting over 30 million people. This affects construction workers, hotel workers, many blue-collar jobs, not just high-level executives," White House press secretary Jen Psaki said during a press gaggle.

  • "[President Biden] believes that if someone offers you a better job, you should be able to take it. It makes sense," she added.

Psaki noted that the executive order will also attempt to limit "unnecessary occupational licensing requirements." She said that nearly 30% of jobs in the U.S. require a license, and while they can be important for health and safety concerns, "overly burdensome licensing can lock people out of jobs."

Go deeper: Workers locked down with noncompetes

Go deeper

22 hours ago - Health

Biden voices support for private sector vaccine requirements

Photo: Shawn Thew/EPA/Bloomberg via Getty Images

President Biden said Tuesday that he supports efforts by private businesses to require coronavirus vaccines.

Driving the news: Biden's comments come hours after New York City announced it would demand proof of vaccination for indoor activities, including trips to gyms and restaurants.

Manhattan, Westchester prosecutors request evidence from Cuomo investigation

Gov. Cuomo during a press conference in New York City on Aug. 2. Photo: Lev Radin/Pacific Press/LightRocket via Getty Images

The district attorneys for Manhattan and Westchester County on Wednesday requested evidence related to New York Attorney General Letitia James' investigation into sexual harassment allegations against Gov. Andrew Cuomo (D), according to a letter obtained by NBC News.

Why it matters: The district attorneys are investigating if alleged conduct highlighted in an independent report published by James' office that occurred in their jurisdictions was criminal in nature.

Scoop: Buzzy media startup Puck launches in beta

Puck.news

Puck, a splashy new digital media company, is coming out of stealth mode, Axios has learned. The company debuted its landing page, puck.news, on Wednesday, and will officially launch its website in September.

Why it matters: The company has been quietly building a roster of top talent, but hadn't confirmed its branding or exact business plans up until now.