|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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