A group will be assembled by the president’s administration to advance legislation that addresses the issue. The Department of Housing and Urban Development released an open letter from…
Read MoreNational Economic Council
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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President Biden Sees Raising Debt Limit as Non-Negotiable
House speaker would like cuts to federal spending. National Economic Council Director Brian Deese recently relayed President Biden’s sentiments regarding lifting the nation’s debt ceiling. He stated, “It’s…
Read MorePresident’s Top Economic Advisor Stepping Down
No date was revealed for his departure. President Biden has announced that the White House’s top economic advisor, Brian Deese, will be leaving the administration. “Brian has a…
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President Prepares for New National Economic Council Head
The White House continues to narrow down the next appointee. The White House is narrowing down potential nominees for the next head of the National Economic Council (NEC).…
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The U.S. Has 25 Days of Diesel Supply
The shortage could disrupt supply chains National Economic Council Director Brian Deese described the 25 days of diesel supply as “unacceptably low.“ The advisor to President Biden stated that…
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OPEC+ is Reducing Oil Production
U.S. gas prices are expected to go up. OPEC+ announced plans to cut output of 2 million barrels per day beginning in November. The coalition, which includes OPEC,…
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Treasury Finds Gas Prices Improved with SPR Releases
Officials estimate fuel releases kept prices 20 to 40 cents lower. The Department of the Treasury released calculations this past week that estimate tapping into the Strategic Petroleum…
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Federal Gas Tax Suspension Under Consideration
Crude oil prices are at a seven-year high. In an effort to ameliorate rising prices, the White House and some congressional leaders are weighing a pause on federal…
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White House Faults Meat Industry Over Inflation
Say rising prices is the result of industrial greed. Since October 2020, the prices of meat, poultry, and fish have all risen almost 12 percent, according to the…
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