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U.S. Secretary of Treasury, Janet Yellen, admits she was wrong last year when she said inflation was not a long-term problem. —Michael

We’re very excited to announce that Michael is off to The Hegra Conference of Nobel Laureates and Friends, a three-day retreat in AlUla, Saudi Arabia, where he is invited to participate in conversations on “ten decisive actions we must take over the next decade for humanity to thrive in the 21st century”. I will share updates and photos in upcoming newsletters. —Melissa

Yellen’s shameless excuses — EDS., NY POST

Yellen Admits Inflation Error —James Freeman, WSJ

Biden at fault for inflation — DAVID HARSANYI, FEDERALIST

Biden’s pathetic inflation plan — BYRON YORK, EXAMINER

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Selected opinions and news today:

Trumpology — VICTOR D. HANSON, JWR

The Covid Cult Did Lasting Damage to Our KidsAlex Gutentag, Tablet Magazine

Biden Says He Was AWOL Until April on Baby Formula Crisis Philip Wegmann, RCP

Biden Claims Economy Is Great, Unbeknownst To You Jim Geraghty, National Review

The Left’s Intellectual Inconsistency on LifeNed Ryun, American Greatness

What’s Taking So Long To Find Supreme Court Leaker? Josh Hammer, The Spectator

Biden’s ‘Rolling Calamities’ Aren’t His Fault?Tim Graham, NewsBusters

Parents Face Tough Road Battling Democrats’ CRT ExtremismSean Collins, Spiked

Moral of Sussmann Trial: Americans See Lying as a DC NormJohn Solomon, JTN