Biden's approval rating nears lowest point: Poll

President Joe Biden's approval rating has dipped to a near low for his presidency, according to a new poll, as he deals with a banking crisis, high inflation, and foreign policy circumstances that lawmakers even on the same side of the aisle can't seem to agree on.

Biden's approval rating sits at just 38% in the new Associated Press-NORC Center for Public Affairs Research poll, down from 45% in February and 41% in January. The latest number veers dangerously close to Biden's lowest of his presidency, when last July, only 36% of people approved of the job he was doing as rising costs in gasoline, groceries, and more plagued the nation.

While topics such as national security and healthcare are being stressed to the Biden administration, the most crucial theme for the president's low approval rating is the economy. According to the poll, only about a quarter of Americans said the national economy is good or that the country is headed in the right direction.

Few Republicans approve of Biden's handling of the economy or his job as president overall, while Democrats are more accepting. According to the poll, 63% of members of the president's party say they approve of his handling of the economy, with 76% approving of his presidency.