This Is An Open Thread
Hello peeps.
Going to jump straight in…
Wednesday, July 27, 2022
@POTUS finished up Wednesday with an additional 7 tweets.
July 27, 2022 White House Briefing Room
President Joseph R. Biden, Jr. Approves Nebraska Disaster Declaration
JULY 27, 2022
PRESIDENTIAL ACTIONS
Statement by President Biden on Senate Passage of the CHIPS and Science Act to Lower Costs, Bolster Our Competitive Edge and National Security
JULY 27, 2022
STATEMENTS AND RELEASES
Remarks by President Biden on COVID-19
JULY 27, 2022
SPEECHES AND REMARKS
President Biden Announces Key Nominees
JULY 27, 2022
STATEMENTS AND RELEASES
WASHINGTON – Today, President Joe Biden announced his intent to nominate the following leaders to serve as key leaders in his administration:
Jessica Looman, Nominee for Wage and Hour Administrator, U.S. Department of Labor
Hugo Yue-Ho Yon, Nominee for Ambassador Extraordinary and Plenipotentiary to the Republic of Maldives
Joe H. Ritch, Nominee for Member of the Tennessee Valley Authority Board of Directors
Almo J. Carter, Nominee for Commissioner of the United States Parole Commission
Statement from President Biden on Inflation Reduction Act of 2022
JULY 27, 2022
STATEMENTS AND RELEASES
Thursday, July 28, 2022 Bits:
President’s Official Public Schedule
| 9:30 AMOfficial Schedule | The President receives the President’s Daily Briefing Closed Press |
| 11:00 AMPool Call Time | In-Town Pool Call Time In-Town Pool |
| 12:00 PMOfficial Schedule | The President delivers remarks on the Inflation Reduction Act of 2022 by 10:30 am] State Dining RoomIn-Town Pool |
| 1:30 PMPool Call Time | In-Town Pool Call Time In-Town Pool |
| 2:15 PMOfficial Schedule | The President delivers remarks on the economy and meets with CEOs to receive an update on economic conditions across key sectors and industries; The Secretary of the Treasury, Secretary of Commerce, and Chair of the Council of Economic Advisers attend Open to Pre-Credentialed Media |
| 3:15 PMPress Briefing | Press Briefing by Press Secretary Karine Jean-Pierre James S. Brady Press Briefing Room |
@POTUS has tweeted one (1) time so far …
The Second Quarter GDP report is out.
The Bureau of Economic Analysis (BEA) “is an independent, principal federal statistical agency, …”
BEA’s national, industry, regional, and international economic accounts present valuable information on U.S. economic growth, regional economic development, interindustry relationships, and the Nation’s position in the world economy. Some of the widely used statistical measures produced by BEA include GDP, personal income and outlays, corporate profits, GDP by state and by metropolitan area, balance of payments, and GDP by industry. These statistics are used by federal, state, and local governments for budget development and projections; by the Federal Reserve for monetary policy; by the business sector for planning and investment; and by the American public to follow and understand the performance of the nation’s economy.
https://www.commerce.gov/bureaus-and-offices/bea
Statement by President Biden on Second Quarter GDP Report
JULY 28, 2022
STATEMENTS AND RELEASES
Coming off of last year’s historic economic growth – and regaining all the private sector jobs lost during the pandemic crisis – it’s no surprise that the economy is slowing down as the Federal Reserve acts to bring down inflation. But even as we face historic global challenges, we are on the right path and we will come through this transition stronger and more secure. Our job market remains historically strong, with unemployment at 3.6% and more than 1 million jobs created in the second quarter alone. Consumer spending is continuing to grow. Earlier this week, I met with the Chairman of SK Group from Korea, just one of the companies investing more than $200 billion in American manufacturing since I took office, powering a historic recovery in American manufacturing.
My economic plan is focused on bringing inflation down, without giving up all the economic gains we have made. Congress has an historic chance to do that by passing the CHIPS and Science Act and Inflation Reduction Act without delay.
White House Briefing Room
Tiff gave me a helpful explainer guy Ben Casselman @bencasselman who isn’t extreme hair on fire or all peaches and cream rosy. Here is what he has to say so far ..
For the DIY hard data crunchers:
Source: https://www.bea.gov/
Principal Federal Economic Indicators
View Gross Domestic Product Q2 2022 (Adv)-0.9%
View Personal IncomeMay 2022+0.5%
View International Trade in Goods and Services May 2022 -$85.5B
View International Transactions Q1 2022 -$291.4B
Gross Domestic Product, Second Quarter 2022 (Advance Estimate)
Full Release & Tables; Technical Note; Tables Only; Release Highlights; Historical Comparisons; Key source data and assumptions; How does the 2022 national opioid settlement impact the NIPAs?; How was federal assistance to the states authorized by the American Rescue Plan recorded in the NIPAs?; Effects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures; Effects of Selected Federal Pandemic Response Programs on Federal Government Receipts and Expenditures; Effects of Selected Federal Pandemic Response Programs on Personal Income; Effects of Selected Federal Pandemic Response Programs on Personal Income; Revision Information
Interactive Data
Supplemental Information & Additional Data
Documentation
Information on Updates
Previously Published Estimates
July 28, 2022 White House Briefing Room:
FACT SHEET: Vice President Announces New Private and Public Sector Efforts to Align Tens of Billions in Investments in Underserved Communities
JULY 28, 2022
STATEMENTS AND RELEASES
Statement by NSC Spokesperson Adrienne Watson on Deputy National Security Advisor Anne Neuberger’s Travel to the Republic of Korea
JULY 28, 2022
STATEMENTS AND RELEASES
President Biden Delivers Remarks on the Inflation Reduction Act of 2022
Jul 28, 2022
President Biden Hosts a Roundtable Meeting with Chief Executive Officers
Scheduled for Jul 28, 2022; 2:15 PM EDT
Press Briefing by Press Secretary Karine Jean-Pierre
Scheduled for Jul 28, 2022; 3:15 PM EDT
That’s it for today’s Bits. Stay cool. See you in the comments.
This Is An Open Thread