Biden will speak at America's busiest port amid an inflation issue that has eluded policy tweaks, deals brokered with the private sector, infrastructure spending and regulatory actions.
unrewarded efforts to address what he calls his top economic priority: inflation.
Gene Seroka, executive director of the Port of Los Angeles, said there were many levers that caused performance to improve in terms of getting goods to consumers and businesses faster. But he specifically credited the "convening powers of the federal government to bring people to the table" and the Biden administration's focus on the supply chain.
The White House said that Biden planned to say in his Friday remarks that the U.S. can tackle inflation without stumbling into a downturn. That's because the economy is so strong with its 3.6% unemployment rate that it can withstand a slowdown.
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