What Did Joe Biden Do Today?
November 27, 2024 Recap
National Economic Advisor Lael Brainard emphasized significant economic progress in her October 2024 PCE and third-quarter GDP data statement. She noted that inflation has fallen to 2.3%, returning to levels seen before the pandemic, while the economy continues to grow at an annual rate of nearly 3%. Gas prices are averaging around $3 per gallon, marking the lowest levels for Thanksgiving week since the pandemic. Additionally, the cost of a Thanksgiving meal has decreased for the second year, providing financial relief during the holiday season. Brainard highlighted that household incomes have risen by nearly $4,000 more than prices during the current administration, reflecting real income growth. Looking ahead, she underscored the importance of continuing to lower costs for essentials like housing and medicine while warning against policies that could increase prices for working families.
Biden Administration officials held a press call to discuss actions related to Venezuela’s ongoing political crisis following the contested presidential election on July 28. Edmundo Gonzalez Urrutia was declared the winner by a significant majority. The administration condemned Nicolás Maduro’s refusal to respect the election results and his reliance on violent repression to maintain power. In response, the Department of the Treasury announced sanctions on 21 Maduro-aligned security and cabinet officials involved in electoral fraud and the repression of peaceful protesters. These sanctions build on prior measures that have targeted over 150 individuals and 100 entities linked to the Maduro regime. Additionally, the Department of State imposed visa restrictions on individuals responsible for undermining democracy in Venezuela.
The U.S. emphasized the international consensus against Maduro’s actions, with over 50 countries, including members of the G7 and the European Union, calling for a democratic transition. Organizations like the Organization of American States have recognized Gonzalez as the rightful president-elect. Despite this global pressure, Maduro continues to detain opposition figures, suppress protests, and solidify his power.
The Biden administration reiterated its commitment to promoting democracy and holding Maduro accountable while remaining in close contact with Venezuelan opposition leaders such as Gonzalez and Maria Corina Machado. It also signaled a willingness to assist Gonzalez’s return to Venezuela if requested. The administration noted that its sanctions and licensing policies, including those related to Venezuela’s energy sector (e.g., Chevron), remain under constant review to align with U.S. foreign policy objectives. However, challenges persist with Maduro maintaining control, and little progress has been seen from initial dialogues with regional allies like Colombia and Brazil. As time runs short before a new U.S. administration takes office, the Biden team continues to evaluate measures to strengthen its leverage and support the Venezuelan people’s democratic aspirations.
President Biden has declared a major disaster in Puerto Rico due to damage caused by Tropical Storm Ernesto from August 13-16, 2024. Federal aid will support recovery efforts in affected municipalities, including repairs, replacements, and emergency work. Funding will also be provided for hazard mitigation across Puerto Rico. David Miller, Jr. from FEMA will oversee federal recovery operations.
President Biden's 2024 Thanksgiving proclamation reflects on the holiday's historical roots, enduring importance, and the spirit of gratitude that defines the nation. He highlighted key moments in American history when Thanksgiving brought people together, such as the Pilgrims' celebration with the Wampanoag, General Washington's observance during the Revolutionary War, and President Lincoln's establishment of the holiday amid the Civil War.
The proclamation honors everyday Americans who contribute to the nation’s greatness, including service members, first responders, educators, healthcare workers, and families striving for the American Dream. The President expresses gratitude for their sacrifices, resilience, and dedication.
Acknowledging those grieving the loss of loved ones, he extends heartfelt prayers and encouragement. President Biden also emphasizes unity and shared values, urging Americans to come together in goodwill and reflect on their blessings.
This marks his final Thanksgiving proclamation as President, during which he expresses deep gratitude for the privilege of serving the American people. He officially designates November 28, 2024, as a National Day of Thanksgiving, inviting all Americans to celebrate the bonds that unite the nation.
