The move is part of a fresh push by Biden to convince Americans his economic policies are working. Read more at straitstimes.com.
WASHINGTON - US President Joe Biden on Tuesday picked Federal Reserve Vice-Chair Lael Brainard and White House economist Jared Bernstein as his top economic advisers, part of a fresh push by the Democratic president to convince sceptical Americans his economic policies are working.
Mr Biden also handed a new job title, adviser for strategic economic communications, to deputy NEC director Bharat Ramamurti, former adviser to Senator Elizabeth Warren and vocal critic of oil and gas companies’ windfall profits. In his State of the Union Speech last week, Mr Biden doubled down on pledges to rout “trickle down” economics from policymaking and blasted companies for profiteering. His new economic crew’s may spend less time shaping new policy and more time overseeing over US$1 trillion in new federal spending on semiconductor manufacturing, new infrastructure and green tax credits.
Mr Bernstein told a think tank audience in Washington last week that Republican efforts to “weaponise” the debt limit was “especially reckless” with the economy slowing and inflation still coming down.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden names Fed vice chair as top economic advisorWASHINGTON: US President Joe Biden has chosen Federal Reserve Vice Chair Lael Brainard to be his top economic advisor, ahead of a potential reelection campaign and as the administration battles stubbornly high inflation. Brainard joins Treasury Secretary Janet Yellen among the country's key economic policy
Read more »
Biden telecom board nominee says industry out to block her from positionWASHINGTON : President Joe Biden's pick for a key fifth seat on the Federal Communications Commission will tell lawmakers industry opponents have sought to scuttle her nomination to prevent more lower-priced broadband service.Gigi Sohn, who was nominated in October 2021, will have her third hearing for th
Read more »
Staff uses basket to break up fight between man and employee at Scarlett SupermarketA 45-year-old man has been arrested following an altercation that took place at a supermarket in Chinatown on Sunday afternoon. Read more at stomp.straitstimes.com
Read more »
Fight breaks out at Chinatown's Scarlett Supermarket between employee and manSINGAPORE — A 45-year-old man has been arrested following an altercation that took place at a supermarket in Chinatown on Sunday (Feb 12) afternoon. In response to queries from The Straits Times, the police said they were alerted to a fight at 1 Park Road at about 2.30pm. Videos circulating on social media showed the fight took place at the...
Read more »
Fight breaks out in Chinatown; man arrestedA 45-year-old man has been arrested following an altercation that took place at a supermarket in Chinatown on Sunday afternoon. In response to queries from The Straits Times, the police said they were alerted to a fight at 1 Park Road at about 2.30pm. Videos...
Read more »
This Flat Has Separate His & Hers Bathrooms After A $60K Reno: “It’s More Convenient, Especially For Emergencies”No need to fight for the bathroom. How's that for a game-changer?
Read more »