The President Turns Back to ‘Bidenomics’ Message With Response to Israel-Hamas War Underway

President Joe Biden is turning his focus back to his economic agenda Friday as his administration continues to deal with the fallout over Hamas' terrorist attack in Israel.

The president will give a speech on “Bidenomics” in Philadelphia on Friday, where he will announce grants for seven hydrogen hubs across the country, according to the White House.

The regional clean hydrogen hubs will receive $7 billion in grants as a result of the infrastructure law signed nearly two years ago. The administration said the hubs will catalyze more than $40 billion in private investment and is estimated to create tens of thousands of jobs.

Over the past several months, Biden has sought to tout his economic plans and legislation he has signed into law to the public, including the infrastructure package and the Inflation Reduction Act. The president's last speech primarily dedicated to "Bidenomics" came in mid-September, when he contrasted his agenda with the GOP's -- which he labeled "MAGAnomics" -- in Maryland.

He is now set to resume his economic push in the key swing state of Pennsylvania on Friday, even as chaos in the Middle East dominates the headlines.

White House press secretary Karine Jean-Pierre said Thursday that Biden has the ability to still be engaged in the conflict in Israel, while also giving an economic-focused speech.

“The president has to do multiple things at once,” Jean-Pierre said Thursday at a White House press briefing. “He’ll continue to talk about Bidenomics and what he’s doing to bring back jobs and create manufacturing.”

Hamas' attacks in Israel on Saturday led to at least 1,300 deaths, 27 of whom were U.S. citizens. Another 14 Americans remained unaccounted for and less than a handful are believed to be held as hostages, White House national security spokesperson John Kirby said Thursday.

While the conflict between Israel and Hamas has been the president's primary focus this week, he has not entirely pushed domestic policy concerns to the side. He met with a group of CEOs at the White House on Thursday to discuss the economy and announced a new proposal on Wednesday to crack down on hidden charges from companies, known as "junk fees." And on Monday, Biden is scheduled to travel to Colorado.

Meanwhile, Vice President Kamala Harris has continued her tour of college campuses this week with events focused on issues such as reproductive rights, climate change and gun safety.