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But Biden and his aides said he reconsidered over the Thanksgiving holiday in Nantucket, which he spent with Hunter and his grandchildren.

Speaking to reporters in Nantucket, Mass. on Thanksgiving, Biden said the move would work against any attempts to rein in inflation.

The president and his family spent Thanksgiving together three years in a row at the Nantucket compound of private equity billionaire David Rubenstein, and rang in the New Year in 2023 at the U.S.

His wife, Jill, his son Hunter and the rest of his family ratified the decision over Thanksgiving on Nantucket.

In the summer of 1974, I was working as a waiter at the White Elephant, the grande dame of Nantucket hotels, a rambling gray-shingled pile that sits right on the island’s harbor.