During an interview with Bloomberg aired on Thursday’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that there wasn’t an inflation spike caused by tariffs in the first Trump administration, but argued that things in 2025
During an interview with Bloomberg aired on Thursday’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein stated that “strong demand” did help cause inflation and he accepts that the upward pressure on prices from COVID stimulus
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein stated that bond market interest rates and mortgage rates have increased and that’s partially due to “the stronger economy” under President Joe Biden,
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the April Personal Consumption Expenditures (PCE) index by stating there has been a consensus that “the kind of stall in disinflation
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein defended President Joe Biden’s repeated assertions that inflation was 9% by claiming that “the annual growth in core inflation in
During an interview with CBS on Friday, White House Council of Economic Advisers Chair Jared Bernstein responded to a question on how long it will take prices to drop if President Joe Biden is re-elected by stating that we have
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that even with the latest GDP report, we “really haven’t seen much in terms of slow growth yet.”
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House is okay with the latest GDP report, “especially once you get under the hood,
On Monday’s broadcast of the Fox News Channel’s “Your World,” White House Council of Economic Advisers Chair Jared Bernstein stated that Federal Reserve rate hikes have helped lower inflation by dampening demand and that deficit decreases in 2021 and 2022 “probably
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the fall in consumer sentiment in the University of Michigan survey, which was the worst intramonth fall since March of 2020,
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein responded to criticism that fiscal stimulus created inflation by stating that “the American Rescue Plan was essential to get shots in arms and checks
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein responded to buying power being less under President Joe Biden by stating that “prices are still too high” and while real wages have grown
On Thursday’s broadcast of CNBC’s “The Exchange,” White House Council of Economic Advisers Chair Jared Bernstein responded to a question on high inflation around cars and transportation by stating that we have to push down on costs and “That also taps
On Thursday’s broadcast of Bloomberg’s “Sound On,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the December CPI report showing the CPI increasing by 0.3% for the month after a 0.1% monthly increase in November for a
White House economic adviser Jared Bernstein said on this week’s “Fox News Sunday” broadcast that the U.S. economy was “moving on the right track.”
On Thursday’s broadcast of “CNN News Central,” White House Council of Economic Advisers Chair Jared Bernstein stated that personal spending growing higher than personal income isn’t due to inflation, it’s due to the “strong labor market.” And that real wage
On Thursday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers Chair Jared Bernstein responded to a majority of Americans saying they’re living paycheck-to-paycheck and those who aren’t feeling the economy improving by acknowledging that “it’s early
On Thursday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers Chair Jared Bernstein argued that the year-over-year Personal Consumption Expenditures (PCE) inflation number is distorted, so you need to look at the last three months. Bernstein
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to criticism of President Joe Biden’s economic agenda during this week’s Republican debate by stating he doesn’t understand why Republicans want to
On Friday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that the declines in the inflation rate just mean “prices are rising more slowly.” And “People want to see some deflation” where prices
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that it’s “fair” to point out that prices are still elevated and things are still expensive even though the rate of inflation is
On Wednesday’s broadcast of CNN International’s “Amanpour,” White House Council of Economic Advisers Chair Jared Bernstein stated that President Joe Biden was possibly “trying to refer to the broad scope of” the Inflation Reduction Act when he acknowledged that the law
On Wednesday’s broadcast of CNN International’s “Amanpour,” White House Council of Economic Advisers Chair Jared Bernstein explained President Joe Biden’s poor poll numbers on the economy by stating that “the American people have been through a ton, and we also know
During an interview with Bloomberg on Wednesday, White House Council of Economic Advisers Chair Jared Bernstein stated that the downgrade to America’s credit rating by Fitch isn’t giving credit where credit is due for legislation like the debt ceiling legislation
On Wednesday’s broadcast of CNBC’s “Squawk on the Street,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the downgrading of the U.S. credit rating by Fitch and its concerns about government deficits and debt by stating that
During an interview on Bloomberg on Friday, White House Council of Economic Advisers Chair Jared Bernstein stated that the increase in the black unemployment rate “was statistically insignificant in June,” but the increase in black unemployment in May was statistically
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chairman Jared Bernstein stated that President Joe Biden’s numbers on the economy are poor because “you’re getting a lot of partisanship” in the President’s approval ratings. Co-host
On Monday’s broadcast of NewsNation’s “Morning in America,” White House Council of Economic Advisers Chairman Jared Bernstein responded to President Joe Biden’s poor approval numbers on the economy by arguing that one problem is that “pollsters are not asking the
On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House wants to see “growth rates, perhaps even growth rates that are below trend,” because having these growth rates
On Wednesday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers Chair Jared Bernstein stated that we have seen a trend of “CPI growing more slowly” and the growth in the Consumer Price Index (CPI) is less
Rep. Warren Davidson (R-OH) declined to run for Senate, clearing the path for the Donald Trump-aligned businessman and candidate Bernie Moreno.
The Senate Banking Committee on Thursday advanced one nominee who backs defunding the police and another that advocates for the Green New Deal.
Sen. John Barrasso (R-WY) called Senate Banking Committee members to reject Jared Bernstein’s bid to be the next chair of the White House Council of Economic Advisers (CEA).
Jared Bernstein, President Joe Biden’s nomination to be chairman of the Council of Economic Advisers, has supported the Green New Deal, higher gas taxes, a wealth tax, and tying Federal Reserve policy to the black unemployment rate.
On Thursday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers member Jared Bernstein stated that we have a large national debt because there’s “a real reluctance to raise the revenues we need to meet our spending
On Wednesday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers member Jared Bernstein said that right now isn’t the time to talk about where the White House thinks spending can be cut, but we can talk
On Friday’s edition of NBC’s “Now Tonight,” White House Council of Economic Advisers member Jared Bernstein argued that America’s government debt doesn’t weaken the country. Host Jake Ward asked, “For those of us at home, the idea of having debt
On Friday’s broadcast of the Fox News Channel’s “The Story,” White House Council of Economic Advisers member Jared Bernstein stated that economic numbers “are wholly inconsistent with a recessionary call in near-time.” Host Martha MacCallum asked, “You said back at
On Friday’s broadcast of Bloomberg’s “Wall Street Week,” White House Council of Economic Advisers member Jared Bernstein praised Harvard Professor and economist Larry Summers as someone who has “been very prescient going back a ways here.” In a clip played