President Joe Biden is set to meet with infant formula manufacturers as his administration works to ease nationwide shortages by importing foreign supplies and using the Defense Production Act to speed domestic production.
The White House said Biden would host a roundtable Wednesday with leaders of manufacturers ByHeart, Bubs Australia, Reckitt, Perrigo Co. and Gerber. The list is notable for who isn't on it: Abbott Nutrition, the company whose Michigan plant was shut down in February over safety concerns, sparking the shortage in the United States.
Biden will be joined by Heath and Human Services Secretary Xavier Becerra and Surgeon General Vivek Murthy. The meeting is expected to provide an update on what the administration has dubbed Operation Fly Formula to import formula from overseas into the U.S. and deploy the Korean War-era production law to require suppliers of the formula manufacturers to prioritize their orders in a bid to ease any production bottlenecks.
Those measures will help but won't immediately bring an end to formula supply shortages that have left people who depend on formula facing empty shelves or limits on purchases. Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for
Nice
If he can't do anything about guns, high rent, food prices, gas prices, why does he think he can do something about baby formula?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden and Powell to meet as Fed rate hikes start to biteBiden and Fed Chair Jerome Powell are set to meet at the White House tomorrow as the Fed's campaign to bring down inflation gathers steam — and with it, the risk of a recession. poordart MetamateDaz Are they going to discuss a gun amnesty program? Listen to Larry.
Source: axios - 🏆 302. / 63 Read more »
Biden to meet Fed chair as inflation bites pocketbooksPresident Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks.
Source: wsfa12news - 🏆 338. / 59 Read more »
Biden to meet Fed chair as inflation bites pocketbooksWASHINGTON (AP) — President Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans' pocketbooks. The meeting will be the first since Biden renominated Powell to lead the central bank and comes weeks after his confirmation for a second term by the Senate. So soon? NoClueAtAll It only took him 18 months to do that.
Source: AP - 🏆 728. / 51 Read more »
Biden to meet Fed chair as inflation bites pocketbooksPresident Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans' pocketbooks. It’s not rocket science. If dimwit Joe would go back to energy independence and even oil and gas domination he could cut inflation in half, at the minimum. Yeah to print more money
Source: KSLcom - 🏆 549. / 51 Read more »
Biden to meet Federal Reserve chair as inflation bites pocketbooksPresident Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks. bring ice cream
Source: nypost - 🏆 91. / 67 Read more »
Biden to Meet Fed Chair as Inflation Bites PocketbooksPresident Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks. Rigged elections have consequences. Sounds like the intended war bonds to be accumulated ready for sale are not quite panning out right..even if it gets finalised,who's going to be able to invest in them..the finances..strange condom world we've got..
Source: nbcbayarea - 🏆 596. / 51 Read more »