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.
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.
Although the union did not explicitly back former President Donald Trump, he viewed the decision to not endorse the Vice President as a victory.
Biden spoke a day after the Federal Reserve cut interest rates a half-point, an important marker that suggested a shift from fighting inflation to helping economic stability. And the president seized upon the cut — bigger than many economists predicted — as a sign the economy was moving in the right direction.
The former president emphasized the words “a woman” by sitting up straight and putting both hands in front of him, lightly cupping the air.
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.
Iranian hackers stole sensitive information from the Trump campaign earlier this summer and emailed it to individuals affiliated with the Biden campaign, U.S. investigators revealed Wednesday.
Iranian hackers sent unsolicited information they stole from Donald Trump’s presidential campaign to people who were affiliated with Joe Biden’s campaign over the summer, federal law enforcement officials said Wednesday.
President Joe Biden joked about his post-presidency life during a White House reception celebrating National Hispanic Heritage Month.