(Biden is set up to start speaking at 2: 15 p.m. ET. Please revitalize the page if the video above does not dip into that time.)
President Joe Biden will provide remarks on the U.S. economy Thursday and consult with a little group of CEOs to “receive an update on economic conditions across key sectors and industries,” according to the White House.
Two presidents are set up to go to personally: Corning CEO Wendell Weeks and Marriott International CEO Anthony Capuano.
Three other business leaders will sign up with the conference by video call: Bank of American CEO Brian Moynihan, Thasunda Brown Duckett, who leads the retirement fund giant TIAA, and Punit Renjen, the president of Deloitte.
Several administration authorities will likewise be at the occasion: Treasury Secretary Janet Yellen, Commerce Secretary Gina Raimondo, National Economic Council Director Brian Deese and Cecelia Rouse, chair of the White House Council of Economic Advisers.
The conference comes as the Biden White House is attempting extremely difficult to encourage Americans that the U.S. economy is not moving into an economic crisis.
As a growing number of financial information emerges that indicate a downturn, Biden is going on the offensive to argue that the U.S. economy is healthy.
Earlier in the day Thursday, Biden resolved the concern of an economic crisis by indicating the low joblessness rate and the strong development of producing tasks over the previous couple of years.
“That doesn’t sound like a recession to me,” he stated in a short speech at the White House.
