Biden’s gift to US holiday shoppers

Supply chain resilience: Biden’s latest initiative isn’t the most festive message, but with investors increasingly optimistic that inflation is in the rearview mirror, this effort just might pay off for him. — AP

PRESIDENT Joe Biden wants the American consumer to know he’s taking rising costs seriously.

So on Cyber Monday, a few days into the unofficial holiday shopping season, he announced his latest initiative to address high prices: the White House council on supply chain resilience.