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Biden Team Monitoring Markets Amid Volatility, White House Says

  • Biden got update on global conditions in briefing Friday
  • White House says US well positioned, no comment on UK policies
Joe Biden 

Joe Biden 

Photographer: Bonnie Cash/UPI/Bloomberg 

Updated on

The White House continues to monitor global financial markets after a meeting Friday between President Joe Biden and his top economic advisers amid a slide in Britain’s pound, and the administration will continue to keep tabs on financial markets, according to the White House.

“We’re going to continue to monitor the global markets,” White House Press Secretary Karine Jean-Pierre said at a briefing Monday. “To your question about the pound, so on Friday as you all know the president and the vice president met with senior members of the economic team and got an update on the global economic developments as they regularly do.”