Funding from President Biden’s Investing in America Agenda Will Accelerate Progress Toward the President’s Commitment to Replace Every Lead Pipe in the Country Within a Decade President Biden believes that every American should be able to turn on the tap and drink clean, safe water. But over 9 million homes, schools, daycares, and businesses receive…
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Remarks by National Economic Advisor Lael Brainard on Lowering Costs for American Consumers
Hosted by the Urban Institute and the Consumer Federation of AmericaAs Prepared for Delivery Thank you all for the important work you do on behalf of American consumers every day. President Biden sees our economy through the eyes of middle-class families like the ones he grew up with in Scranton, Pennsylvania. He knows that a…
FACT SHEET: Biden-Harris Administration Releases Annual Agency Equity Action Plans to Further Advance Racial Equity and Support for Underserved Communities Through the Federal Government
Since Day One, the Biden-Harris Administration has championed an ambitious equity and racial justice agenda to ensure the full and fair participation of all communities in American life. Despite progress being made, entrenched disparities in our laws and public policies have often denied equal opportunity to historically underserved communities, including rural communities, Black, Latino, Asian American,…
FACT SHEET: Biden-Harris Administration Launches Historic $20 Billion Competition to Catalyze Investment in Clean Energy Projects and Tackle the Climate Crisis
Vice President Harris visits Coppin State University, an HBCU in Baltimore, Maryland, on final day of Investing in America tour to announce historic investment to capitalize a national-scale clean energy financing network and provide unprecedented support for underserved communities To close-out the Biden-Harris Administration’s second Investing in America tour and highlight the impact of Bidenomics…
FACT SHEET: The Biden-Harris Administration Highlights Investments in Rural America, Invites Public Nominations for Rural Innovators Initiative
Today, the Biden-Harris Administration will host a Rural Communities in Action event at the White House to highlight how the Administration is investing in rural communities. White House Domestic Policy Advisor Neera Tanden, White House Office of Public Engagement Director Stephen Benjamin, Agriculture Secretary Tom Vilsack, and Transportation Secretary Pete Buttigieg will provide remarks that highlight how…
Bidenomics Is Working: The President’s Plan Grows the Economy from the Middle Out and Bottom Up—Not the Top Down
President Biden and Vice President Harris came into office determined to rebuild our economy from the middle out and the bottom up, not the top down—and that strategy is working. Even as they faced an immediate economic and public health crisis—with a raging pandemic, elevated unemployment, snarled supply chains, and hundreds of thousands of small…
Readout of White House Roundtable on U.S. Leadership in AI Infrastructure
Today, as part of the Biden-Harris Administration’s comprehensive strategy for responsible innovation, the White House convened leaders from hyperscalers, artificial intelligence (AI) companies, datacenter operators, and utility companies to discuss steps to ensure the United States continues to lead the world in AI. Participants considered strategies to meet clean energy, permitting, and workforce requirements for…
Inflation’s (Almost) Roundtrip: What happened, how people experienced it, and what have we learned?
Remarks by CEA Chair Jared Bernstein at the Economic Policy Institute As Prepared for Delivery Once again, I thank Heidi and the EPI team for inviting me back to the podium. I also want to thank EPI on behalf of the White House economics’ team for your exemplary work, which, back to the origins of…
FACT SHEET: Vice President Harris Announces New Efforts to Expand Capital Access and Contracting Opportunities for Minority-Owned and Underserved Businesses at the Freedman’s Bank Forum
The Investing in America Agenda continues to deliver for small businesses and provide economic opportunity throughout the United States. Today, Vice President Harris is announcing new actions to help historically under-resourced suppliers, small businesses, and communities share in the economic opportunity created by the Biden-Harris Administration’s Investing in America agenda – a key pillar of…
The Role of Housing in U.S. Inflation
Overall CPI inflation came in at expectations at 0.2% last month and 2.5% over the past year. The yearly rate is down from 2.9% last month and the lowest yearly growth rate since February 2021, indicating that overall inflation continues to ease. Core inflation—the subject of this post—came in a tick above expectations on a…
