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Showing posts with the label Joe Biden

Why Biden’s inflation blitz is falling flat after a major miscalculation

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 President Biden, mounting a media campaign to broadcast his concern about inflation, is said to be frustrated by his team’s handling of the issue that could decimate his party in November. But after his administration kept clinging to the notion that rising prices were temporary, he has few tools to employ beyond empathy. Once he rolled out the little-seen Treasury secretary, Janet Yellen–who told CNN "I think I was wrong then about the path that inflation would take"--it was time to turn the page.   But to what? An Oval Office photo op with Yellen and Fed chair Jerome Powell isn’t going to change many minds. Plus, the president’s message was mixed. "My plan to address inflation starts with a simple proposition–respect the Fed, respect the Fed’s independence." Well, Biden doesn’t have any choice, since the Federal Reserve is an independent agency, even if he was trying to draw a contrast with Donald Trump’s public hectoring of the Fed. Besides, it’s t

Biden delivers remarks on voting rights at MLK memorial

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President Joe Biden and Vice President Kamala Harris are delivering remarks on voting rights as they observe the 10th anniversary of the Martin Luther King, Jr. memorial in Washington DC. The memorial, where they will speak, features a 30-foot-tall stone statue of the civil rights leader, along with 14 quotes from King. Its official dedication date is 28 August 2011 - the anniversary of the March on Washington for Jobs and Freedom that King participated in - but the ceremony was postponed to October of that year due to Hurricane Irene.   Youtube Rumble Dailymotion If youtube link die, open Rumble or Dailymotion. Official video by Học Để Thi | Breaking News, Latest News and Videos Tranganhnam.xyz THE PRESIDENT: Thank you, Kamala. Thank you all so very much. Mr. President — (laughter) — Harry, thank you for your stewardship. You know, here in the he