President Joe Biden declared ahead of a White House task force meeting on Dec. 22, that his administration’s efforts to eliminate supply-chain bottlenecks ahead of the holiday season had succeeded. Biden met with his Supply Chain Disruptions Task Force, which consisted of administration officials and the CEOs of large private-sector companies. The task force was established in June of this year to address the pandemic-induced global supply and inflation crisis. The White House said that the task force had made “significant progress to alleviate bottlenecks that are rooted in the global pandemic,” and that shipping container wait time has been cut in half. Among those attending the meeting were the CEO of FedEx, Fred Smith, Gap CEO Sonia Syngal, and American Association of Port Authorities CEO Christopher Connor, as well as Transportation Secretary Pete Buttigieg, Labor Secretary Marty Walsh, and Commerce Secretary Gina Raimondo. “The much-predicted crisis didn’t occur,” Biden said. “Packages are moving, …
Biden Declares Victory Over the Christmas Supply-Chain Crisis From the White House
December 23, 2021
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Business & Economyeconomic policieseconomyExecutive BranchfedexJoe BidenPolicies & ImpactsPoliticssupply chain crisisUSUS News
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