The flurry of activity comes after Biden privately complained to senior White House officials about the administration’s handling of inflation, expressing frustration in recent months that aides weren’t getting any help. weren’t doing enough to directly confront the issue, said two people familiar with the president’s comments. speaking on condition of anonymity to describe private conversations.
The flurry of moves reflects a new urgency within the White House as it grapples with the growing likelihood that high inflation will carry over into the midterm elections, eclipsing Biden’s agenda and undermining his ability to brag about his accomplishments — and that Biden can’t do much about it.
With price increases hitting 8% in April, pressures are unlikely to ease soon amid continued fallout from war in Ukraine, coronavirus lockdowns in China and soaring gasoline prices likely to be exacerbated by the summer driving season, all factors beyond the President’s control.