Yesterday, the White House Domestic Policy Council and National Endowment of the Arts hosted a first-of-its-kind national convening to explore ideas, policies, and actions to elevate the arts and humanities across the nation. “Healing, Bridging, Thriving: A Summit on Arts and Culture in our Communities” brought together leaders from various sectors, including government officials; policymakers;…
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Remarks by NEC Director Lael Brainard on Opportunity, Inclusion, and Growth at the Joint Center for Political and Economic Studies
Thank you, Jessica Fulton and Paul Thornell for your leadership. I’d like to congratulate my friend and former colleague Dr. Lisa Cook on receiving the Louis E. Martin award last night. We know from both evidence and theory that opportunity, inclusion, and growth go hand in hand. As I have noted previously, “when there are…
FACT SHEET: Biden-Harris Administration Announces Over $5 Billion from the CHIPS and Science Act for Research, Development, and Workforce
The Administration expects to invest billions in the National Semiconductor Technology Center (NSTC), now established as a public-private consortium, and other CHIPS Research and Development (R&D) priorities Today, the Biden-Harris Administration announced it expects to invest over $5 billion in semiconductor-related research, development, and workforce needs, including in the National Semiconductor Technology Center (NSTC), to…
On Anniversary of Equal Pay Act, Signs of Progress and Remaining Challenges for Women in the Labor Market
Since the Equal Pay Act was signed 60 years ago, women have made strides in educational attainment, employment, and pay. Gender gaps remain.
FACT SHEET: In San Francisco, President Biden and 13 Partners Announce Key Outcomes to Fuel Inclusive, Sustainable Growth as Part of the Indo-Pacific Economic Framework for Prosperity
Today, President Biden announced key outcomes of the Indo-Pacific Economic Framework for Prosperity (IPEF) that will create a stronger, fairer, more resilient economy for families, workers, and businesses in the United States and in the Indo-Pacific region. The United States is an Indo-Pacific economic power, and expanding U.S. economic leadership in the region is good for…
Executive Order on Scaling and Expanding the Use of Registered Apprenticeships in Industries and the Federal Government and Promoting Labor-Management Forums
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows: Section 1. Policy. My Administration’s Investing in America agenda includes a once-in-a-generation investment in our Nation’s infrastructure. This agenda is also driving the creation of well-paying jobs and…
Good Jobs and Unions Will Help Build Our Workforce
Heather Boushey, Chief Economist, Investing in America Cabinet and Harin Contractor, Director for Labor Policy, National Economic Council Today, the Biden-Harris Administration released a playbook on evidence-based workforce development strategies that state and local governments can use to support workers, families, and communities. After decades of jobs shipped overseas, communities hollowed out, and supply chains…
Remarks By Vice President Harris and President Bernardo Arévalo of The Republic of Guatemala Before Bilateral Meeting
Vice President’s Ceremonial OfficeEisenhower Executive Office Building 2:37 P.M. EDT VICE PRESIDENT HARRIS: Good afternoon. President Arévalo, welcome to Washington D.C. It is good to see you after we have talked on the phone. But it was my pleasure to congratulate you by telephone on your election in September — when we spoke in September. And now,…
Q4 GDP Advance Estimate: Context for Today’s Strong Report
Today’s GDP report showed the US economy expanded at a strong 3.3 percent clip in the last three months of last year. Over the full year, real GDP was up 3.1 percent (2022Q4 to 2023Q4), also a very solid growth rate, supported by the strong labor market, consumer spending, business investment, net exports, and easing…
Remarks by CEA Chair Jared Bernstein at the Council on Foreign Relations
As Prepared for Delivery I was asked to share a few thoughts about how we in the Biden admin think about international economic leadership. First let me say that CFR has done some of the most thoughtful work in this space. One of the most valuable and consistent attributes of your work, as I read…
