White House press secretary Karine Jean-Pierre said the Biden administration is not monitoring the stock market on a regular basis as the Dow Jones Industrial Average plunged 1,100 points Wednesday.
Speaking to reporters, Jean-Pierre said Wednesday that “nothing has changed on how we see the stock market,” which is “not something we keep an eye on every day, so I’m not gonna comment on that from here.”
The Nasdaq Composite dropped nearly 5 percent while the Dow Jones plunged 4 percent on Wednesday. On Thursday morning, the Dow Jones dropped more than 440 points during the morning session.
Earlier in 2022, former White House press secretary Jen Psaki said that President Joe Biden “does not look at the stock market as a means by which to judge the economy.”…