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Biden to meet with Fed chairman on inflation, Korean pop supergroup BTS on Asian inclusion
By Bradford Betz
Published May 30, 2022
President Biden on Tuesday will meet with Federal Reserve Chairman Jerome Powell to discuss record-high inflation before meeting the K-pop group BTS.
According to the White House agenda, Biden will first meet with New Zealand Prime Minister Jacinda Ardern before meeting with Powell to discuss the state of the U.S. economy.
Members of the South Korean band BTS exit the South Korean Consulate during the 76th Session of the United Nations General Assembly in Manhattan, New York, U.S., September 21, 2021. (REUTERS/David 'Dee' Delgado/File Photo)
Biden has not met with Powell since November when he announced his attention to nominate him for a second term as Federal Reserve Chairman. The meeting comes as the U.S. battles the highest levels of inflation in 40 years and is expected to get worse.
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The seven-piece K-pop supergroup BTS will join Biden at the White House later in the afternoon to discuss Asian hate crimes.
In a statement, the White House said Biden and BTS will "discuss the importance of diversity and inclusion and BTS’ platform as youth ambassadors who spread a message of hope and positivity across the world."
The meeting will come on the final day of the Asian American, Native Hawaiian and Pacific Islander Heritage Month. BTS' hit song "Butter" spent weeks dominating the pop charts earlier in 2022.
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Tuesday’s meeting will not be the first time Biden has met with younger music artists. During the 2020 presidential campaign he was interviewed by rapper Cardi B to discuss racism and free education. Last summer, popstar Olivia Rodrigo visited the White House to promote COVID-19 youth vaccination.
https://www.foxnews.com/politics/biden-white-house-federal-chairman-inflation-korean-pop-band-bts