The White House chief of staff recalled how Biden came into office with what he described as “a once-in-a-generation pandemic and an unprecedented shutdown in the economy” for which the outgoing administration had left “no plan or path forward.”

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.

President Joe Biden, in a speech emphasizing the progress made on the economy during his administration, said that he's never called Federal Reserve Chairman Jerome Powell during his time as president.