ashley strohmier live in studio with the crazy details. ashley, good morning. ashley: dhs decided to cancel the board on monday and the next day the woman pegged for the position had written up a letter. the board is uncertain and she will be leaving dhs and the board has been put on hold. there is backlash from republicans and democrats over the board s inception and what it would mean for free speech. questions raised over her social media, tik tok videos. nina jankowicz has been subjected to physical threats in congressional hearings and media interviews and the secretary repeatedly defended her as imminently qualified and underscored importance of the disinformation work and he will continue to do so. the board has never convened, the board has been mischaracterized. disinformation board is being shut down because of disinformation, is that what is happening here? it is going to pause, there is mischaracterization from outside forces. ashley: nina jankowicz was
trump likes to boast single best measure of the economy is the stock market, i never thought that. cheryl: dell futures down 423. s&p 500 down 58. nasdaq down 200. today might be another rough day. todd: only people s retirement, the white house should pay attention. reaction from joe biden on the formula front, is it enough? cheryl: the administration is taking action to deal with the baby formula shortage, invoking the defense production act. president biden: parents are worry body finding enough infant formula to feed their babies. as a parent and grandparent, i know how stressful that is, defense production act ensures necessary ingredientss to make safe infant formula at home. this is one of my top priorities. cheryl: this as former fda official says the white house should have acted sooner.
upgrade today. xfinity mobile runs on america s most reliable 5g network, but for up to half the price of verizon so you have more money for more stuff. this phone? fewer groceries. this phone? more groceries! this phone? fewer concert tickets. this phone? more concert tickets. and not just for my shows. switch to xfinity mobile for half the price of verizon. new and existing customers get amazing value with our everyday pricing. switch today. todd: the dow dropping 1100 point yesterday as white house press secretaries the stock market is not something they keep an eye on. carley: cheryl casone is here with more. cheryl. cheryl: sometimes i don t want to keep an eye on the market.
children. carley: more bad news for gas prices. cheryl: according to research note from jp morgan, gas prices could rise 37% by august, hitting $6.20 per gallon, national average. white house maintains it is putin price hike. as the president has said, president putin s actions are driving the price increase at the pump and the president is focused on doing everything in his power to address the putin price hike. cheryl: there are reports stations are running out of fuel. in washington state we re getting reports stations are reprogramming pumps so they ll be able to display double digit price, that is in case gas hits $10 a gallon or higher. some point we will hit $10, hoping it will not be this year. carley: next century. that is a lot. todd: that is horrible news. thank you. dhs, president biden s