The Latest Breaking News on Brian Deese

Bumps, bipartisanship in long fight for semiconductor bill

President Joe Biden will soon be signing into law a major bill to revive the U.S. computer chip sector

The Independent UK

White House braces for grim news on economy

Senior administration officials are hitting the airwaves and arm-twisting reporters in private, imploring anyone who will listen that the economy…

White House braces country for hot consumer inflation report

Annual headline inflation is forecast to increase to 8.8% for June, up from 8.6%.

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Biden’s 'laser focus' on inflation rankles progressives inside administration

Many progressives — including some within the administration itself — say Biden's all-out messaging war against spiking prices is making…

Yellen says US recession not ‘inevitable’ but expects ‘economy to slow’

Treasury secretary says ‘inflation unacceptably high’ and it is Biden’s ‘top priority to bring it down’

The Guardian - US

A recession is ‘not inevitable,’ Biden administration officials say

Top officials decline to say that a downturn will definitely happen.

Deese says Biden's Saudi trip not out of desperation

The president's upcoming visit to the energy-producing powerhouse is drawing criticism.

Refiners led by Exxon face Biden’s wrath as profits explode

Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined…

Tribune News Service

Contentious CNN interview about baby formula derailed as camera collapses on set

Mr Deese attempted to catch the camera before it tumbled to the ground

The Independent UK

From analysis to good news, read the world’s best news in one place

White House says US prepared to handle economic storms as JPMorgan boss predicts ‘hurricane’ ahead

JPMorgan Chase CEO Jamie Dimon is predicting an economic ‘hurricane’ ahead even as the White House says the US economy…

The Independent UK

BTS-mania sweeps the White House as boy band speaks on anti-Asian hate

Young fans peer through the gates while K-pop sensations meet the president and address the press

The Guardian - US

Biden's advocate for taxing the rich to leave White House

David Kamin, deputy director at the National Economic Council, will return to his teaching job at NYU

US well placed to tame inflation, says White House economy chief

White House economic adviser Brian Deese stopped short of ruling out a US recession as the Federal Reserve combats inflation,…

Irish Independent

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Air Force flies huge cargo of infant formula to US amid shortage

More than 35,000kg of infant formula was flown by the US Air Force from Europe yesterday to help with a…

Irish Independent

US military plane flies in 35 tonnes of baby formula from Germany

The first shipment of infant formula lands in Indianapolis to address a critical shortage in the US.

US gets first 70,000 pounds of baby formula to counter shortage

A planeload of more than 70,000 pounds of baby formula arrived in the U.S., starting an emergency program to alleviate…

Tribune News Service

Baby formula shipment arrives in US from Europe to help ease shortage

A military plane carrying enough infant formula for more than half-a-million baby bottles arrived in Indianapolis in the US on…

Irish Independent

US flight brings tons of needed baby formula from Germany

Washington (AFP) - A US military plane bringing several tons of much-needed baby formula from Germany landed Sunday at an…

Nestlé baby formula shipment lands in U.S. to ease shortage

The shipment will account for 15% of the need for specialty medical grade formula.

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U.S. economy is in a ‘period of transition,’ White House economic adviser says

Despite high inflation, the U.S. is “moving from the strongest economic recovery in modern history to what can be a…

Abbott CEO says ‘sorry’ over baby formula shortage and vows to ensure ‘this never happens again’

Chairman and CEO of the embattled company Robert Ford insists the company is taking steps ‘to ensure this never happens…

The Independent UK

Lack of competition fueled US baby formula shortage

Washington (AFP) - There's no end in sight to America's shortage of baby formula -- and the crisis has highlighted…

US baby formula shortage could last for some time: official

Washington (AFP) - The nationwide shortage of baby formula in the United States could last for some time, a top…

Biden’s trade team: RIP globalization

Russia’s invasion of Ukraine accelerates the administration’s efforts to find a path between global free trade and Trump-like protectionism.

US economy now ‘facing rocky waters,’ Biden aide Deese says

President Joe Biden’s top economic adviser said that the U.S. may see some difficulties as it contends with elevated inflation…

Tribune News Service