President Biden’s Update on the Omicron Variant

President Biden’s Update on the Omicron Variant

Washington, DC…Good morning, folks. I hope you all had a happy Thanksgiving -– able to get together with your family and friends. And it was great to see so many families getting together this Thanksgiving after being apart last year. And we have much to be grateful for as a nation. When I was elected, […]

President Joe Biden on Increased Travel Restrictions Due to Omicron COVID-⁠19 Variant

President Joe Biden on Increased Travel Restrictions Due to Omicron COVID-⁠19 Variant

Nantucket, MA…I was briefed by my chief medical advisor, Dr. Tony Fauci, and the members of our COVID response team, about the Omicron variant, which is spreading through Southern Africa. As a precautionary measure until we have more information, I am ordering additional air travel restrictions from South Africa and seven other countries. These new […]

President Biden Announces Release from the Strategic Petroleum Reserve As Part of Ongoing Efforts to Lower Prices and Address Lack of Supply

President Biden Announces Release from the Strategic Petroleum Reserve As Part of Ongoing Efforts to Lower Prices and Address Lack of Supply

Washington, DC…Over the last 18 months, the COVID-19 pandemic forced an unprecedented global economic shutdown. As the world is re-opening from a near economic standstill, countries across the globe are grappling with the challenges that arise as consumer demand for goods outpaces supply. But here in the United States, the economic recovery is stronger and […]

President Biden Nominates Jerome Powell to Serve as Chair of the Federal Reserve, Dr. Lael Brainard to Serve as Vice Chair

President Biden Nominates Jerome Powell to Serve as Chair of the Federal Reserve, Dr. Lael Brainard to Serve as Vice Chair

Washington, DC…Today, President Biden announced his intent to nominate Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System and to nominate Dr. Lael Brainard to serve as Vice Chair of the Board of Governors of the Federal Reserve System. While our country still faces challenges as […]

Secretary General: NATO Stands with Ukraine Amid Russian Saber Rattling

Secretary General: NATO Stands with Ukraine Amid Russian Saber Rattling

Brussels, Belgium…NATO Secretary General Jens Stoltenberg met with Ukrainian Foreign Minister Dmytro Kuleba at NATO Headquarters on Monday (15 November 2021) to discuss the security situation in and around Ukraine. ‘In recent weeks, we have seen large and unusual concentrations of Russian forces close to Ukraine’s borders,’ said the Secretary General. He underlined that NATO […]

Glasgow Climate Pact Keeps 1.5C Alive, Finalizes Paris Climate Agreement.

Glasgow Climate Pact Keeps 1.5C Alive, Finalizes Paris Climate Agreement.

Glasgow, Scotland…COP26 has today concluded in Glasgow with nearly 200 countries agreeing the Glasgow Climate Pact to keep 1.5C alive and finalise the outstanding elements of the Paris Agreement. Climate negotiators ended two weeks of intense talks on Saturday with consensus on urgently accelerating climate action. The Glasgow Climate Pact, combined with increased ambition and […]

Inflation Soars Again in October as CPI Jumps 0.9 Percent

Inflation Soars Again in October as CPI Jumps 0.9 Percent

Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent in October on a seasonally adjusted basis after rising 0.4 percent in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.2 percent before seasonal adjustment. The monthly all items seasonally adjusted […]