Jared Bernstein, Chair, Council of Economic Advisers

Jared Bernstein, Chair, Council of Economic Advisers

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President Appoints New Economic Adviser 

Lael Brainard was vice chair of the Federal Reserve System.  President Biden has named a replacement for Brian Deese as his primary economic advisor. He has appointed Lael Brainard…

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Middle-Class Families Falling Behind Financially

Inflation continues to rise.  A new Primerica poll shows that three out of four middle-class households report falling behind as the cost of living continues its increase. The…

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White House Economist Discusses Recession Threat

U.S. is equipped for downturn, he said.  America’s gross domestic product (GDP) shrank by 1.4 percent in the first quarter of 2022 after posting significant gains to round…

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Inflation Rises to 8.5 Percent in March

Greatest increase in 41 years. The latest Consumer Price Index numbers show inflation is climbing even higher, making it more difficult for Americans to pay their bills and…

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Russian Invasion of Ukraine Impacts American Economy

White House adviser says the biggest concern is rising gas prices.  Cecilia Rouse, the chair of the White House Council of Economic Advisers, stated that Russia’s invasion of…

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White House Responds to Economic Growth

Chair of Economic Advisors expresses cautious optimism. This past week, the latest economic reports of Gross Domestic Product, Personal Income, and the Employment Cost Index were released. The…

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More Aid Still Needed, Say White House Economists

Economy is in crisis, she says. Heather Bousley, a member of the White House Council of Economic Advisers said the U.S. economy needs more aid to ensure a…

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Janet Yellen Confirmed as Treasury Secretary

Brings previous experience from Federal Reserve and Economic Council. On Monday evening, the Senate voted to confirm Janet Yellen as the nation’s first woman to serve as Treasury…

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White House Releases Summary of Operation Warp Speed

Council of Economic Advisors reports on progress of vaccination nationwide.  The White House Council of Economic Advisors issued a final report about Operation Warp Speed this past Friday.…

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