JUST IN: Biden’s Senior Economic Advisor Resigns After Market Crash — Will Work for Harris Campaign
Joe Biden’s senior economic advisor Gene Sperling resigned on Monday after stocks tumbled around the world.
Japan’s Nikkei lost 4,451 points on Monday, its biggest single day loss since 1987.
The ‘Magnificent Seven’ will shed $1 trillion in value, Reuters reported.
Apple and Nvidia led the sell-off.
The DOW tumbled more than 1,000 points on Monday.
Gene Sperling stepped down as Biden’s senior econ advisor to go work for the Harris campaign.
“Under Gene’s leadership, the American Rescue Plan has delivered economic relief to cities and counties across the country, protected millions of union pensions, made the largest-ever federal investment in public safety, and kept thousands of small businesses afloat,” Biden said
Full statement from Joe Biden:
When I took office,
