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    Joe Biden under fire for embarrassing remarks saying CFO "dropped dead"; netizens slam U.S President on social media

    Synopsis

    President Joe Biden has received criticism for a remark in which he expressed condolences for the loss of a key executive at Jo-Ann Stores, a specialty retailer based in Ohio. Read on to find out more about it.

    U.S. President Joe BidenReuters
    At the White House on Thursday, President Joe Biden ripped on transport giants as he enacted a law, claiming it would reduce inflationary on the edges. Meanwhile, he made condolence remarks to one of the attendees, the CFO of Jo-Ann Stores, a specialty shop based in Ohio. The corporation is still reeling from the news that its chief financial officer, Matt Susz, died unexpectedly on Wednesday. Biden stated that the CFO 'dropped dead'.
    People on Twitter slammed Biden for his choice of language in his condolences for Jo-Ann Stores' CFO's death. People criticized the president for his "embarrassing" use of words and called him a man who lacked compassion.
    Some were deliberately sarcastic and called him a wordsmith. One of the Twitter users called Biden the biggest competition for the stand-up comedy club. Many people referred to his statements as 'tone-deaf. ' Others said sarcastically that his remarks were 'how presidential'.

    Matt Susz's career
    Susz entered JOANN in 1996. In the last 26 years, he has worked in a variety of roles with growing responsibilities in the areas of finance, strategy, information technology, and operations. Before joining JOANN, he worked in the domain of audit practicing at Arthur Anderson LLP.

    The company expressed its heartfelt condolences on the death of its executive vice president and CFO, Matt Susz.

    How will this law help Americans?
    Meanwhile, Biden's legislation, which he signed on Wednesday, will likely boost ocean shipping monitoring. Earlier, he had promised to take action against maritime companies whose increased prices have harmed American families.

    According to the law, the Federal Maritime Commission (FMC) will be able to investigate the business activities of ocean common carriers, which is a widely used term for cargo ships operating on the high seas. The law also empowers the FMC to impose sanctions and order vessels to disclose their "total import/export tonnage" to the FMC every four months. Under new standards to be decided by the FMC, the law would prohibit ocean carriers from arbitrarily denying opportunities for U.S. exports.

    Shippers should be prompted to reduce costs immediately due to the new measures. The proposed legislation would also decrease prices to offer the American people a little more relief.


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