Bidens economic advisor steps down in the middle of the market collapsing!

Biden [confirmed](https://www.whitehouse.gov/briefing-room/statements-releases/2024/08/05/statement-from-president-joe-biden-on-gene-sperling/) the resignation in a statement on Monday saying “Gene joined my administration as the only person to have ever directed the National Economic Council under two presidents, and has helped me execute a rescue plan that has led to one of the most equitable and resilient economic recoveries ever.”