Ukraine crisis

FILE - In this Sept. 24, 2014 file photo, Lloyd Blankfein, Chairman and CEO of Goldman Sachs, speaks during a panel discussion at the Clinton Global Initiative, in New York. Goldman Sachs announced Tuesday, July 17, 2018, that Blankfein will retire as CEO and chairman on Sept. 30, and be replaced by Chief Operating Officer David Solomon. (AP Photo/Mark Lennihan, File)

Goldman Sachs executive Lloyd Blankfein says recession is a high risk factor

Senior Chairman of Investment Bank Goldman Sachs, Lloyd Blankfein said a US recession is, in fact, possible and consumers should be ready for it.

President Joe Biden speaks at POET Bioprocessing in Menlo, Iowa, Tuesday, April 12, 2022. (AP Photo/Carolyn Kaster)

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Biden blames Russia for intensifying inflation

Amid intensifying inflation, the White House has struggled to point the finger on whose to blame for the crisis. President Joe Biden has continued to blame inflation on Russia, although prices had been soaring for several months before the Ukraine crisis.

Senate Minority Leader Mitch McConnell, R-Ky., does a tv news interview following a national security briefing on Ukraine, at the Capitol in Washington, Wednesday, March 16, 2022. With his country besieged by Russian forces, Ukrainian President Volodymyr Zelenskyy addressed members of Congress earlier in the day. (AP Photo/J. Scott Applewhite)

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Senate Minority Leader McConnell: Biden must prioritize American leadership

Senate Minority Leader Mitch McConnell (R-Ky.) said America must invest in a future of strong leadership against threats abroad. The top Republican recently discussed military production, defense funding and American leadership as the Russia-Ukraine crisis intensifies.