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President Joe Biden, Vice President Kamala Harris to Make First Joint Trip since Biden Dropped Out

Vice President-elect Kamala Harris delivers remarks in Wilmington, Delaware, on November 7, 2020, after being declared the winners of the presidential election. (AFP)
Vice President-elect Kamala Harris delivers remarks in Wilmington, Delaware, on November 7, 2020, after being declared the winners of the presidential election. (AFP)
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President Joe Biden, Vice President Kamala Harris to Make First Joint Trip since Biden Dropped Out

Vice President-elect Kamala Harris delivers remarks in Wilmington, Delaware, on November 7, 2020, after being declared the winners of the presidential election. (AFP)
Vice President-elect Kamala Harris delivers remarks in Wilmington, Delaware, on November 7, 2020, after being declared the winners of the presidential election. (AFP)

President Joe Biden and Vice President Kamala Harris next week will make their first trip together since Biden ended his candidacy and Harris took over as the Democratic standard-bearer.
The White House announced Friday morning that Biden and Harris will head to Maryland on Aug. 15 for an event to “discuss the progress they are making to lower costs for the American people.” They did not disclose the location or more specifics, said The Associated Press.
Biden and Harris have appeared briefly together since the president ended his reelection bid on July 21, including an excursion to Joint Base Andrews last week to welcome home US citizens who were wrongfully detained in Russia. They also participated in a Situation Room meeting together earlier this week to discuss the situation in the Middle East and had lunch together last week.
Taking additional steps to lower costs is one area Biden wants to focus on in the final months of his presidency.

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Trump Says Will Demand Interest Rates Drop 'Immediately'

President Donald Trump smiles as he signs executive orders in the Oval Office of the White House, Thursday, Jan. 23, 2025, in Washington. (AP Photo/Ben Curtis)
President Donald Trump smiles as he signs executive orders in the Oval Office of the White House, Thursday, Jan. 23, 2025, in Washington. (AP Photo/Ben Curtis)
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Trump Says Will Demand Interest Rates Drop 'Immediately'

President Donald Trump smiles as he signs executive orders in the Oval Office of the White House, Thursday, Jan. 23, 2025, in Washington. (AP Photo/Ben Curtis)
President Donald Trump smiles as he signs executive orders in the Oval Office of the White House, Thursday, Jan. 23, 2025, in Washington. (AP Photo/Ben Curtis)

US President Donald Trump said Thursday he would seek to bring interest rates lower by unleashing energy production, and would speak to the Federal Reserve if needed.

"I'll demand that interest rates drop immediately," he told the World Economic Forum in Davos, Switzerland, in a virtual address. "Likewise, they should be dropping all over the world. Interest rates should follow us all over."

The US Federal Reserve has a dual mandate from Congress to act independently to keep inflation and employment in check, primarily by raising and lowering the level of short-term interest rates, according to AFP.

As US president, Trump does not have a say over interest rate decisions, a fact that he has frequently criticized.

Trump told reporters in Washington later on Thursday that he would like to see interest rates come down "a lot," adding that lower oil prices should help them to fall.

"When the oil comes down, it'll bring down prices, he said. "Then you won't have inflation, and then the interest rates will come down."

Asked what he would do if the Fed did not lower interest rates, Trump said he would "put in a strong statement" and expected officials to listen to his views, adding that he would consider talking to Fed chair Jerome Powell if needed.

"I think I know interest rates much better than they do," he said. "And I think I know certainly much better than the one who's primarily in charge of making that decision."

"I'm guided by them very much, " he added. "But if I disagree, I will let it be known."