A statement from the White House:
- The testimony of Federal Reserve Chair Powell shows that Biden's economic plan is working
- Says does not comment on Federal Reserve monetary policy decisions
Wow.
Initial thought: "Well, they would say that, wouldn't they?"
Thought 2: "Maybe the WH won't comment on Fed policy, but economic Headkicker in Chief, US Treasury Sec. Janet Yellen, certainly will if need be."