Biden campaigned last year on a promise to take the pandemic more seriously than President Trump.
The economy is unlikely to slide back into recession after the government approved additional pandemic relief in late December.
U.S. Congress over the weekend struck a deal on another pandemic aid package.
“While the deal is months late and will likely fall short of what is needed to prevent a rough winter, it’s better than nothing.”
“This is a very, very fast way of getting money into the economy.”
“We obviously want to get people back to work.”
“It would be – what I call – stupidity on steroids if Congress doesn’t act.”
“When you look at the whole economic landscape, I would say it’s still very strong.”
“Jobless claims continue to signal a struggling labor market recovery.”
“SBA’s historically successful COVID relief loan programs have helped millions of small businesses and tens of millions of American workers when they needed it most.”
“I pledge as treasury secretary to work every day towards rebuilding their dream for all Americans.”
Congress itself has been deadlocked over how much more to do.
Biden will appear at an event in his hometown of Wilmington, Delaware.
Biden named leading members of an economic team.
Biden was expected to receive his first presidential daily intelligence briefing on Monday.
His remarks lasted roughly a minute.
The Dow Jones Industrial Average clocked its fastest 10,000 point run up to cross 30,000 for the first time.
“The main theme will be to step up global cooperation to address the pandemic.”
Biden’s scientific advisers will meet this week with pharmaceutical companies developing vaccines to prevent COVID-19.
The number of Americans filing new claims for unemployment benefits fell to a seven-month low last week.