Readout of President Joe Biden's Meeting with his Economic Team

The President met with members of his economic team – including the Secretaries of Treasury, Energy, and Labor and the Chair of the Council of Economic Advisers – for an update on global financial and energy markets. They reported that the United States economy remains resilient in the face of global challenges, thanks in part to the President's economic plan, which has helped spur a historic recovery. The team discussed the need to continue to making progress in reducing prices and implementing the Administration's once-in-a-generation fiscally responsible public investment plan in our infrastructure, manufacturing, and the clean energy transition. The President directed his team to stay in frequent touch with partners, allies, and key market actors, and to brief him regularly as conditions evolve.