A White House official on Sunday said the administration expects to see some “transitory inflation” as the United States emerges from the COVID-19 pandemic. Speaking to Fox News, Council of Economic Advisers chair Cecilia Rouse was asked about whether the trillions of dollars in new and proposed spending will lead to inflation. “These are very serious concerns,…
Senate Confirms Rouse as Biden’s Top Economic Adviser
The Senate voted 95-4 on Tuesday to confirm Cecilia Rouse to serve as the chair of the Council of Economic Advisors (CEA). Rouse, 57, is an economist. She worked as the dean of the Princeton School of Public and International Affairs at Princeton University until January and previously served on the CEA during the Obama and Clinton…
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