KJP quickly brushed off CPI leak: definitively I’m not aware; inflation peaked, Biden policies eased


On 12/13/2022, a reporter asked White House press secretary Karine Jean-Pierre, “I wonder if the White House is worried that the inflation data, which came out this morning, was leaked. There was big market movement about two minutes before its — it came out, and I’m just wondering how the White House has viewed that.”

MS. JEAN-PIERRE: Yeah, I’ve seen those — that reporting. Look, you know, I think — we think that it’s — it’s being a little bit — how do I say? It’s — you know, I think there’s too much — too much weight being put into that and, you know, in how the market may have moved in a minor way.

You know, I don’t — I don’t really have much more to add to that, but I have seen the reports on it. And again, I think it’s just being a little bit — we’re looking into it a little bit too much, I think.

Reporter: But is the White House and Treasury looking into it at all, or are you just not worried about it?

MS. JEAN-PIERRE: Look, I think that — look, when it — I can tell you this: There were no leaks from here. I can tell you defi- — definitively. Or at least I’m not aware of any leaks …

On 12/13/2022, Biden “Convinced” Prices Are “Not Gonna Go Up,” Says Inflation Will Subside By End Of NEXT Year. On 12/13/2022, a reporter asked White House press secretary Karine Jean-Pierre, “The President said he’s convinced inflation will continue to go down, but we have, of course, seen some unexpected spikes over the last past year. So just to be clear, is the White House confident that inflation has, in fact, peaked?”

MS. JEAN-PIERRE: So, look, I know the President was asked this question. He said — he also said, “I…” — you know, “I’m not able to predict this as well,” in his comments today … So we have more work to do, as we know. The President has been doing a lot of work on getting that gas prices down. And we have seen — seen that fall about $1.75. Millions of Americans are going to save about 100 bucks per year on health insurance because of the work that the President has done, because of the Inflation Reduction Act. And so, look, we know there’s more work to do, and we’re going to continue to do that. But, again, you know, the President said we’re not able to predict.

Claim inflation easing credit: Biden or Fed? A reporter asked Jean-Pierre, “the President talked about his economic agenda, you know, saying that it was part of the reason why we’re seeing inflation easing. Does he also credit the Fed and the rate hikes as a reason why we’re seeing inflation ease?”

MS. JEAN-PIERRE: I’m just not going to respond to any actions that the Fed has taken. They are independent … look, as we know, the President has taken — has an economic policy, economic plans that we have seen him execute over the past 20-plus months that has shown to have been effective …

Reporter: So is it fair to say that he thinks, in large part, it’s because of his agenda?

MS. JEAN-PIERRE: Well, we have said — we have said, the — what we are seeing today, with the economy being as strong as it is and what we have been able to do with job creation and — we believe that a lot of that is because of his economic policies. Now, as it relates to inflation and what we’ve been seeing with inflation: Of course, the President has made that his top — number-one top economic priority …

Reporter: Karine, aside from the arrest of Sam Bankman-Fried, what actions can you take to protect people from the collapse of the crypto market?

MS. JEAN-PIERRE: So we’ve taken — we have certainly — we have — this administration has consistently urged Congress to take action to address regulatory gaps posed by digital assets and support legislative efforts to enact crypto legislation to better protect American consumers.

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KJP quickly brushed off CPI leak: definitively I’m not aware; inflation peaked, Biden policies eased inflation

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