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President Joe Biden intends to run for reelection in 2024, White House press secretary Jen Psaki confirmed on Monday, House Democrats urge Biden to take action on gas prices and more top stories and Democrat politics.
On Monday, White House press secretary Jen Psaki told reporters that President Joe Biden intends to run for reelection in 2024, confirming reports he has been telling both advisors and staff of his plans for a second term.
Sources close to the president have maintained that since he took office in January, he has said he would campaign for a second term, The Hill reported. The news comes as his poll numbers have steadily declined amid dissatisfaction with the economy and inflation.
Nearly a dozen Democrats in the house are urging President Joe Biden to combat rising gas prices by releasing barrels from the US strategic petroleum reserve, as well as banning US oil exports.
CNN reported a letter sent to Biden on Monday was labeled an “urgent issue” and called for the president to ensure “affordable and reliable energy for American families.”
“We must use all the tools at our disposal to bring down gasoline prices in the short term,” the letter read, which was signed by rep. Ro Khanna (D-CA) and eight other Democrats.
Democrats in the Senate sent a similar letter to Biden earlier this month, CNN reported.
On Monday, President Joe Biden announced he is nominating Jerome Powell, a Republican, to a second four-year term as Federal Reserve Chairman. The nomination comes amid new concerns about controlling inflation, ABC reported. Biden also said he would nominate longtime federal reserve official and former Treasury Department undersecretary, Dr. Lael Brainard, to serve as vice chair of the Board of Governors of the Federal Reserve System.
“Fundamentally, if we want to continue to build on the economic success of this year we need stability and independence at the Federal Reserve,” Biden said, “and I have full confidence after their trial by fire over the last 20 months that Chair Powell and Dr. Brainard will provide the strong leadership our country needs.”
On Monday, Vice President Kamala Harris announced the Biden administration will be investing $1.5 billion from the new pandemic relief law toward supporting the workforce of US healthcare in underserved communities, The Hill reported.
“These awards are supporting the National Health Service Corps, Nurse Corps, and Substance Use Disorder Treatment and Recovery programs,” a statement from the White House said. “These programs address workforce shortages and health disparities by providing scholarship and loan repayment funding for health care students and professionals, in exchange for a service commitment in hard-hit and high-risk communities.”
Amazon founder Jeff Bezos has donated $100M to the Obama Foundation in honor of the late former Georgia representative and civil rights activist John Lewis. It is the largest single donation ever given to the nonprofit organization founded by former President Barack Obama, and the amount represents around 0.1% of Bezos’ reported $210 billion net worth, The Street reported. The donation is said to go toward building the Plaza, as well as the foundation’s main mission of uplifting people of color and women.
