Poll: Americans Have Low Confidence in Biden, Federal Reserve Chair, Treasury Secretary on Economy

 After two years of punishing inflation, Americans lack confidence that the nation’s leaders in the White House, Federal Reserve and Treasury Department are doing the right thing for the economy, according to a Gallup survey released Tuesday.

Just 35% of those polled have a “great deal” or “fair amount” of confidence in President Joe Biden to do or recommend the right thing for the economy, the survey finds. Gallup said that nearly matches the low confidence rating for presidents — 34% for former President George W. Bush in 2008 during the Great Recession, CNN reported.

Even with the unemployment rate tumbling to historic lows, nearly half (48%) of Americans say they have almost no confidence in Biden on the economy.