ahead of one of the busiest travel seasons of the year. national average price for gallon of gas is $4.57 now. that s up 5 cents from yesterday. 17 cents from one week ago. and the national shortage of baby formula causing a pair of hospitalizations in this country. the biden administration is defending its policies as criticisms pile up and they re promising more action. in fact, we are getting breaking news at this hour that the administration is going to deploy the defense production act on baby formula. just getting word about this at this hour. correspondent mark meredith is at the white house on the north lawn with the very latest. good evening, mark. bret, good evening to you. this is the breaking news at this hour that biden is invoking the defense production act which will allow these ingredients that go into baby formula to be prioritized to formula makers the idea is to make sure that the factories that produce baby formula have what they need as quickly as possi
disinformation board. they variety to be. the department of homeland security now pausing the disinformation board that was being widely criticized by a unof in lawmakers, pundits and the woman chosen to lead it is resigning from her post. nina jankovicz says she going to be stepping down from this post at dhs. she had been accused of political bias because of past commence and tweets but she claims her past as well as the board s efforts were being mischaracterized and the white house said it did not force dhs to go ahead and pause this they still believe it s a noble mission here but again the work is being paused for right now. instead two former government officials are being tasked to come up with a report in the next 57 days detailing how the government can fight disinformation, bret? bret: mark meredith live on the north lawn. go back to the u.s. economy what we are seeing on the markets. let s bring in gary cult balm capital management and fox news contributor. gary, thanks