Goldman Sachs CEO: Biden Admin. Have to Recognize that Inflation Is ‘ Definitely Not Transitory’

EXCERPT:

SOLOMON: “I think the Biden administration needs to be very focused right now on doing what it can do to take policy action, some of which we talked about, to help dampen this down. They've got to recognize that this is not a short term thing. They live in election cycles --”
HARLOW: “It’s not transitory.”
SOLOMON: “It’s -- well, it's definitely not transitory.”