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Until pandemic is over, prices will remain high, Dep Treasury Sec says

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Economist Adewale “Wally” Adeyemo reacts as he testifies before the Senate Finance Committee during his confirmation hearing to be Deputy Secretary of the Treasury in the Dirksen Senate Office Building, in Washington, D.C., February 23, 2021.

Jim Lo Scalzo | Reuters

U.S. Deputy Treasury Secretary Wally Adeyemo told CNBC Tuesday that President Joe Biden was doing his best in difficult circumstances.

The Covid-19 pandemic, supply chain issues and inflation are just a few of the challenges facing the Biden administration. And to make matters worse for the White House, the latest poll shows the American public is not too impressed with Biden’s record in office so far.

Only 41% of voters approve…



Source cnbc.com

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