Americans Lose Confidence in Biden, Powell, and Yellen’s Economic Policies

The Gallup poll shows that Americans lack confidence in Biden, Powell, and Yellen’s economic policies. With the threat of a recession looming and chronic inflation, the leaders’ approval ratings have taken a hit. While the April jobs report indicates that the economy is nowhere near a recession, the report could impact the Fed’s inflation strategy. As the nation approaches a potential default on the federal debt, Americans’ confidence in the government’s ability to manage the economy has further decreased.