A key Biden ally thinks he spends too much time touting infrastructure voters don't much care about. Left unsolved: What should Biden be doing instead?
Investors are watching for the giant banks to demonstrate how they benefit if interest rates remain higher than expected this year2021 infrastructure bill Biden signed
Inflation has clearly been Biden’s top economic problem. It explains why his approval rating is weak even though the economy is chugging along and employers have created record numbers of jobs. The cost of staples such as food and transportation has gone up and stayed up, taking a bigger bite out of workers’ wallets. Many people feel like they’re falling behind, which is what makes inflation so corrosive.
Sympathizing with ordinary shoppers isn’t as simple for presidents as it might seem. While campaigning for reelection in 1992, President George H.W. Bush visited a supermarket convention in Florida, where heby the novelty of a bar code price scanner — even though they were in wide circulation at the time. It turned out Bush was seeing anot yet publicly deployed, but the details got lost and the media lampooned Bush for being a rich guy unfamiliar with ordinary checkout procedures.
Editor’s note: This report has been updated to clarify the Saudi sovereign’s advisory panel position on giving funds to Jared Kushner’s firm. Former Obama deputy national security adviser Ben Rhodes said President Trump’s son-in-law Jared Kushner engaged in a “level of corruption that we’ve just never seen” when talking about his firm’s recent investments overseas. …
Jonathan Stone, a former New Hampshire police officer, has been a part of Trump’s campaign since 2016, when he gave Trump an inscribed AR-15 assault rifle.
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