Overview

• Gallup poll indicates only 38% of Americans have confidence in Biden's economic decisions, marking a historic low since 2001.
• Federal Reserve Chair Jerome Powell and congressional leaders also suffer from low confidence levels, all below 50%.
• Comparison with former President Trump shows slightly higher confidence levels for Trump over current administration officials.
• Persistent concerns about inflation and economic policies contribute to the declining trust in government's economic stewardship.
• Biden's dwindling economic approval could significantly impact his re-election campaign, with independents showing more trust in his opponent.