WH’s Psaki on GameStop: Yellen “Monitoring The Situation”
“Is the White House concerned about the stock market activity we’re seeing around GameStop and now with some other stocks as well, including the subsidiary — or whatever — the company that was Blockbuster? And have there been any conversations with the SEC about how to proceed?” a reporter asked.
“Well, I’m also happy to repeat that we have the first female Treasury Secretary and a team that’s surrounding her,” Psaki said. “And, often, questions about market we’ll send to them. But our team is, of course — our economic team, including Secretary Yellen and others, are monitoring the situation. It’s a good reminder, though, that the stock market isn’t the only measure of the health of our economy. It doesn’t reflect how working and middle-class families are doing.”
“As you all know from covering this, we’re in the midst of a K-shaped recovery,” she said. America’s workers are struggling to make ends meet, which is why the President has introduced this urgent package to get immediate relief to families.”
Former Trump White House economic adviser Peter Navarro told Tucker Carlson on Wednesday that Twitter banned him because of “who I am and what I might say.”
President Boden’s Energy Secretary nominee Jennifer Granholm was pressed on the “Build Back Better” clean energy plan at her confirmation hearing on Wednesday.
SEN. JOHN BARRASSO (R-WY: You know, a long-term ban on oil gas leasing is going to cost about 62,000 jobs in New Mexico, and we have the…
Sen. Rand Paul questioned President Biden’s nominee to be the next Secretary of State, Antony Blinken, during a Senate Foreign Relations confirmation hearing last week. Blinken was confirmed in a 78-22 vote on Tuesday.
Blinken served as then-Vice President Biden’s deputy national security…
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