President Biden’s Economic Agenda Is Working (Supply Chain Version)

President Biden’s economic agenda is working for the American people. CEOs are saying that supply chain bottlenecks are easing thanks to the critical steps President Biden has taken. 

CNBC: “The first CEO to speak was Ham, who said Food Lion’s supply chain was ‘strong and robust, and we have ample product inside of our stores.’”

Axios“Etsy CEO Josh Silverman, who met with President Biden in that meeting, told Axios that he’s ‘heartened’ by the administration’s infrastructure investments.”

Reuters: “Walmart CEO says Biden supply chain push is easing bottlenecks”

CNBC“McMillon said Walmart had seen a 26% increase in throughput at ports nationwide in the past 4 weeks, with an even higher rate of increased flow through, 51%, at the ports of Los Angeles and Long Beach.”

CNBC’s Carl Quintanilla“VOLKSWAGEN CEO SAYS WORST OF SUPPLY CHAIN ISSUES BEHIND US, SEEING LIGHT INCREASE IN PRODUCTION VOLUMES”

Mattel CEO: “I was very impressed and encouraged by the keen interest in real partnership the president, and the administration as a whole, is demonstrating in supporting the private sector and collaborating with retailers and suppliers to make sure there is enough product on shelves for the holiday season. […] We are seeing consistent improvement in supply chain and reduction of congestion in ports.”

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