including 62 percent of officials who have 'virtually NO private sector experience' on their work records
A new report from the Committee to Unleash Prosperity claims that most of President Biden's top officials have no business experience at all.
Economists Stephen Moore and Jon Decker analyzed the work records and resumes of 68 officials, including Biden himself and his Cabinet members, advisers and regulatory officials.
Moore has been a frequent commentator on tax issues and advised Trump on his tax plan, along with former GOP presidential candidate Herman Cain. Along with Larry Kudlow, he helped pen the Trump 2017 tax cuts.
Moore admitted he wasn't an expert in monetary policy when Trump nominated to serve on the Federal Reserve Board of governors and eventually withdrew after coming under fire for old comments, economic views and his messy divorce.
The report found that 62 percent of Biden appointees who deal directly with business matters - economic policy, regulation, commerce, energy and finance, have 'virtually no business experience.' Only one in 8 were found to have 'extensive' business experience and their average business experience was 2.4 years.