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The Latest Breaking News from Brian Deese

Biden bets big on bringing factories back to America, building on some Trump ideas

President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.

WEKU

Biden’s Chief Economist Navigated a Pandemic. She Still Sees Threats ‘Every Which Way’

Cecilia Rouse, the first Black American to lead the Council of Economic Advisers, departs amid new uncertainty.

Bloomberg

Biden builds a new team to carry him across landmines

All bring particular skills suited to Biden’s desire for experienced hands to help steer the economy away from a possible recession.

Politico

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Departure of top Biden economic adviser leaves West Wing power vacuum

Deese was instrumental in delivering Sen. Joe Manchin’s vote for Biden’s signature bill.

Axios

Biden faces looming economic threats with staff shake-up

Lael Brainard will serve as director of the National Economic Council, and Jared Bernstein will be nominated to chair the Council of Economic Advisers.

Politico

Biden names Fed vice chair as top economic advisor

Washington (AFP) - US President Joe Biden has chosen Federal Reserve Vice Chair Lael Brainard to be his top economic advisor, ahead of a potential reelection campaign and as the administration battles stubbornly high inflation.

AFP

Biden taps Fed's Brainard as top economic adviser

The president is also likely to pick Jared Bernstein to head the Council of Economic Advisers.

Politico

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Biden will name Fed’s Lael Brainard as his top economic adviser

WASHINGTON — President Joe Biden has decided to name Federal Reserve Vice Chair Lael Brainard as his top economic adviser, with an announcement coming as soon as Tuesday, people familiar with the matter said.

Tribune News Service

Biden pitches optimism to skeptical Americans in State of the Union address

WASHINGTON — President Biden is delivering his second State of the Union speech, and hoping to convince skeptical Americans that they are better off than they were when he took office two years ago.

Los Angeles Times

‘Pride is coming back’: Biden touts victories on jobs and climate in State of the Union address

President also calls on Republicans to help him ‘finish the job’ of rebuilding the economy and restoring faith in democracy

The Guardian - US

Joe Biden expected to emphasise reassurance in State of the Union address

President Joe Biden is ready to offer a reassuring assessment of the nation’s condition rather than roll out flashy policy proposals as he delivers his second State of the Union address on Tuesday night seeking to overcome pessimism in the country and concerns about his own leadership.

Irish Independent

What to Look Out for in Biden’s Second State of the Union Speech

President Joe Biden will speak to a joint session of Congress on Tuesday evening against the backdrop of renewed tensions with China and a brewing showdown with House Republicans over raising the federal debt ceiling.

Bloomberg

McCarthy, House Republicans reframe debt limit strategy

WASHINGTON — House Republicans have started downplaying their desire to cut spending in conjunction with lifting the debt limit, seeking to reframe their strategy as targeting “waste” and finding “efficiencies.”

Tribune News Service

Biden faces deep economic skepticism ahead of State of the Union

"The economic anxiety is real," one Biden staffer said Monday.

Axios

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Roll Call

McCarthy, House Republicans reframe debt limit strategy - Roll Call

House Republicans are downplaying their desire to cut spending in conjunction with lifting the debt limit, seeking to reframe their strategy.

Axios

Biden's top economic adviser to leave White House

Biden said Thursday that Deese’s work was “critical” to shaping his economic agenda.

Politico

Biden to remake economic team with Brainard, Bernstein poised for top roles

The shakeup would give the president three well-known players from across the Obama-Biden presidential years at a key moment for the economy.

The Independent UK

White House memo reveals Biden’s agenda for Kevin McCarthy meeting on debt limit

The meeting between Mr Biden and the new House speaker comes less than two weeks after the Treasury Department began enacting ‘extraordinary measures’ to avoid a debt default

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The Independent UK

Korean firm plans $2.5B in new solar panel plants in Georgia

A South Korean solar panel maker says it will invest more than $2.5 billion in two Georgia factories

The Independent UK

What Trump promised, Biden seeks to deliver in his own way

Donald Trump pledged to fix U.S. infrastructure as president

Politico

Let’s make a deal: White House ready to bargain over expanded Child Tax Credit

The last-minute push would concede on a work requisite tied to expanding the credit.

AFP

Biden celebrates US manufacturing comeback at giant semiconductor project

Phoenix (AFP) - President Joe Biden declared the comeback of US manufacturing Tuesday at the site of a mammoth expansion to a Taiwanese-owned semiconductor plant aimed at breaking risky US dependency on foreign-based producers for the vital component.

AFP

Biden celebrates giant semiconductor project in Arizona

Washington (AFP) - President Joe Biden flew Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

AFP

Biden celebrates giant TSMC semiconductor project

Washington (AFP) - President Joe Biden flies Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

AFP

Biden celebrates giant semiconductor project

Washington (AFP) - President Joe Biden flies Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

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National Economic Council

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