President Biden on COVID-19 Funds for Local Economies
President Biden said the recent jobs report was good news and that there are signs inflation may be starting to ease, but he stressed that h… read more
President Biden said the recent jobs report was good news and that there are signs inflation may be starting to ease, but he stressed that he did not want to “over-promise.” His comments came as he began his and Commerce Secretary Gina Raimondo’s discussion on community investment. The president and secretary met virtually with the winners of the $1 Billion Build Back Better Regional Challenge, which is a community grant competition sponsored by the Commerce Department, and funded through the American Rescue Plan, which is designed to spur economic development and job growth with economic investment in local communities. close
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