White House Council of Economic Advisers member Jared Bernstein says retail sales, payroll, employment, consumer spending and industrial production 'are not in recessionary territory.'
Council of Economic Advisers member Jared Bernstein answers questions during the daily White House press briefing on July 18, 2022, in Washington.
President Joe Biden speaks in the Eisenhower Executive Office Building in Washington on July 28, 2022. "If you look at the unconscionable actions of Putin, weaponizing energy, amplified by the short-sighted and misguided decision by OPEC+ recently, then sure, having the [Strategic Petroleum Reserve] there for potential release is an important tool," Bernstein said.
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