Ex-Obama adviser defends Biden's economic team: 'Excellent' experts in a 'very difficult situation

White House economists under pressure as inflation hits another record high in June

During an interview on "Cavuto: Coast to Coast" Friday, former Obama Council of Economic Advisers Chair Jason Furman reacted to pressure facing President Biden's economic advisers on record-high inflation, arguing the White House is in a difficult situation both economically and politically. 

JASON FURMAN: It's a very difficult situation, both economically. I think his top economic advisers are excellent. I think they're just dealing with a very hard situation economically and also politically… It's hard to work with this Congress and get things done that you might want to help. But, yeah, I don't think it's a lack of talent. It's complicated.

President Joe Biden

U.S. President Joe Biden speaks about inflation (Getty Images / Getty Images)

JUNE RETAIL SALES CLIMB MORE THAN EXPECTED AS AMERICANS CONFRONT SEARING-HOT INFLATION 

WATCH THE FULL INTERVIEW HERE: