Biden to sign 2 economy-related executive orders Friday

Biden’s National Economic Council Director Brian Deese said at a press briefing Friday that Biden will sign two executive orders later in the day to aid Americans struggling amid the COVID-19-induced economic downturn.
Deese painted a picture of the pandemic-battered economy, saying, “We are 10 million jobs short still of where the economy was when this pandemic started.”
“Last month, the economy lost jobs for the first time since last spring,” he added. “Retail sales fell last month, and just yesterday we saw another 900,000 Americans filed for unemployment insurance.”
Deese also touted Biden’s proposed $1.9 trillion economic rescue plan, saying the team hopes “that Congress will move quickly to consider this important proposal without delay.”
As previously reported by ABC News, the two executive orders Biden will sign today deal with food insecurity and raising the minimum wage for federal contract workers, Deese said.
One will aim to address the 29 million Americans struggling with hunger by asking the Department of Agriculture to expand food assistance by 15% for school children missing meals due to school closures, increase emergency SNAP benefits to the lowest income homes in the country and revise the amount provided by the program to better cover the cost of a healthy diet, according to the White House.
The other executive order will put federal agencies on a path to require a $15 minimum wage for contractors.
Deese also said Friday that the administration will then turn its focus to providing equitable relief for small businesses.





