President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 meeting with Jerome Powell.
Although the union did not explicitly back former President Donald Trump, he viewed the decision to not endorse the Vice President as a victory.
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.
Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working remotely – to the economic problems he faced. But he also blamed Russian President Valdimir Putin’s 2023 invasion of neighboring Ukraine for driving up energy prices, adding to inflation.
President Joe Biden and Vice President Kamala Harris have repeatedly touted on the campaign trail their efforts to lower drug prices, including a $2,000 limit on Medicare enrollees’ out-of-pocket prescription costs that starts in January.
The announcement is the latest U.S. government effort to call out what officials say is Iran’s brazen, ongoing work to interfere in the election.
President Joe Biden joked about his post-presidency life during a White House reception celebrating National Hispanic Heritage Month.
Polls show Americans remain deeply worried about the economy and inflation, with Vice President Kamala Harris, who became the Democratic nominee when Biden bowed out of the race in July, and Republican former President Donald Trump essentially deadlocked less than seven weeks before the Nov. 5 U.S. presidential election.
The Justice Department has said it plans to file criminal charges in connection with the hacking of Trump’s campaign.
Among the material was research compiled by the Trump campaign on JD Vance and internal polls from the campaign.