WH’s Deese: Inflation Report ‘Doesn’t Reflect’ the Past 30 Days’; Urges Congress to Pass Spending Bill
White House National Economic Council director Brian Deese on Wednesday pushed for Congress to spend more amid the ongoing record-high inflation.
White House National Economic Council director Brian Deese on Wednesday pushed for Congress to spend more amid the ongoing record-high inflation.
Southwest Airlines CEO Gary Kelly on Tuesday voiced his displeasure with the White House’s vaccine mandate for major airline companies but said his hand is being forced by federal rules.
United Airlines CEO Scott Kirby on Wednesday sounded off on the firing of almost 600 employees for not complying with the company’s vaccine mandate.
Friday, Vice President Mike Pence reacted to the month of May’s jobs report showing the unemployment rate fell to 13.3% and 2.5 million workers finding employment as restrictions put in place due to the coronavirus pandemic are loosened. The numbers are an improvement from the previous month’s record-high 14.7% unemployment rate.
Tuesday on CNBC’s “Squawk on the Street,” House Speaker Nancy Pelosi (D-CA) discussed the coronavirus relief package as Congress weighs completion of the legislation.
Thursday, CNBC anchor Jim Cramer discussed the coronavirus as it spreads around the world and is seemingly affecting the financial markets.
During Friday’s “Squawk on the Street” on CNBC, National Economic Council Director Larry Kudlow discussed the November jobs report, saying it may not have “peaked” just yet. “I don’t know if it’s peaked,” Kudlow stated. “I mean, we’re running on, what,