Biden Cabinet Promotes Economic Agenda Ahead of Debate

President Joe Biden's Cabinet is concluding a two-week tour across the United States, aimed at promoting the administration's economic achievements just days before Biden's first debate against former President Donald Trump. Over the past ten days, the White House organized 29 public events featuring top officials to highlight the administration's economic agenda, emphasizing low unemployment rates and rising real wages. During the tour, Treasury Secretary Janet Yellen announced a new $100 million affordable housing fund in Minnesota, while other officials underscored the administration's efforts to combat rising costs for consumers. The Cabinet's messaging has focused on the positive impacts of Biden's policies, including calls for big corporations to pass savings onto consumers and the elimination of hidden fees affecting family budgets. The White House's strategy aims to counteract Republican narratives surrounding inflation, which have been a persistent concern for Biden in polling. While officials have shared optimistic news regarding the economy, they have notably refrained from directly mentioning Trump or other Republican candidates, focusing instead on showcasing Biden's accomplishments. Recent economic indicators reflect a slight decline in consumer sentiment, with the June index reading dropping to 100.4 from 101.3 in May. This backdrop underscores the urgency of the Cabinet's tour as they seek to bolster public confidence in the economy ahead of the upcoming debate.