In a statement from National Economic Advisor Lael Brainard, the latest Consumer Price Index report shows inflation has fallen back to 2.4%, the same level as before the pandemic. Under the Biden-Harris Administration, the economy has experienced steady growth, with 16 million jobs created and incomes rising by $4,000 after adjusting for inflation. Brainard emphasized…
In President Biden’s October 9, 2024, call with Jewish leaders during the High Holidays, he emphasized the enduring support for Israel and the fight against antisemitism. Reflecting on his personal and familial connections to Jewish history, Biden reaffirmed his administration’s commitment to securing Jewish communities globally, combating antisemitism, and ensuring the security of Israel in…
President Joe Biden reported a significant milestone in the September Jobs Report, with over 250,000 new jobs added and unemployment dropping to 4.1%. He highlighted that his administration has overseen the creation of 16 million jobs, marking the lowest unemployment levels in half a century, and noted that inflation and interest rates are on a…
Yesterday, President Joseph R. Biden, Jr. declared that a major disaster exists in the Commonwealth of Virginia and ordered Federal aid to supplement Commonwealth and local recovery efforts in the areas affected by Tropical Storm Helene beginning on September 25, 2024, and continuing. The President’s action makes Federal funding available to affected individuals in the…
President Biden has proclaimed October 2024 as National Youth Justice Action Month, focusing on reforming the juvenile justice system to ensure fairness, equality, and opportunity for young people. The administration aims to address the disparities that disproportionately impact youth of color and those with disabilities while investing in programs that support rehabilitation, education, and mental…
The August PCE report indicates that inflation has fallen to 2.2%, mirroring pre-pandemic levels, while reduced interest rates are making it easier for Americans to purchase homes, cars, and operate small businesses. President Biden pointed to an economic growth rate exceeding 10% during his administration, along with increased incomes and stronger savings for families. He…
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