Anonymous ID: 2d1d65 Aug. 5, 2024, 8:57 a.m. No.21355325   🗄️.is đź”—kun

US President Joe Biden announces that his top economic advisor is set to leave the White House today. Indeed, Gene Sperling is reportedly leaving the administration in order to help Vice President Kamala Harris’ presidential campaign. Sperling is looking to help Harris overcome Donald Trump heading into the November elections.

 

The move comes at a rather surprising time. Concerns over a potential recession in the United States have driven panic in global markets. Both Taiwan’s and Japan’s stock markets have suffered their largest losses since 1967 and 1987, respectively.

 

JUST IN: 🇺🇸 President Biden's senior economic advisor, Gene Sperling, to leave the White House today. pic.twitter.com/WoVPyFa9LX

 

— Watcher.Guru (@WatcherGuru) August 5, 2024

Also Read: U.S. Dollar Rises After Joe Biden Ends Presidential Campaign

 

White House Loses Top Economic Advisor Amid Market Crash

The first Monday in August has arrived with turmoil for the global finance sector. Stock markets across the world have plummeted as concerns grow regarding the US. As an economic slowdown appears more likely, worry is abounding. Now, the US President is set to lose a trusted advisor.

 

Indeed, Joe Biden has announced that his top economic advisor, Gene Sperling, is set to leave the White House Today. In a statement today, Biden attributed Sperling with helping “execute a rescue plan that has led to one of the most equitable and resilient economic recovering ever.”

 

https://watcher.guru/news/joe-bidens-top-economic-advisor-to-leave-the-white-house