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
it has dealt with a number of different things that we have seen? well, it does seem they are slowing the uptake and that s the problem. there are always problems. bureaucracies create problems because they do what the bureaucracies do and the white house has to catch up with it somehow the white house didn t know about this, let it get to this late stage. i will tell you, bret, if ever there was an issue for both moms and dads who don t care the who, the what, the where, the why? they just need the formula to feed their baby, this is it. so i am glad to see them bringing airplanes of baby formula into the country. it just think they should have been on top of it earlier as bret said. bret: it obviously crosses every ideological party line no matter democrat, republican, it s baby formula and you have got a family. i want to talk about the disinformation board, katie. here s the bang and forth with our own peter doocy and briefing room today on this issue. you guys said that you
board at dhs to make sure freedom of speech is protected across the country. and platforms forms of disinformation. what changed? look, the department of homeland security, they began their statement repeating that the board had been intentionally mischaracterized. it was never about censorship policing speech or removing content from anywhere. the disinformation board is being shut down because of disinformation? is that what is happening here? the board was put forth for a purpose, right? to make sure that we did real really did address what was happening across the country when it came to disinformation. now what we are going to do is we are going to pause it and we are going to do an assessment. bret: katie, this seemed like it was destined to fail but it s an interesting explanation. katie: well, in the the washington post story that broke the news on this framed it as if criticism from republicans or conservatives media the reason why this disinformation board is po
amount more money than it had. meantime baby formula shortages continue to plague parents nationwide. in tennessee the lack of a specific kind of formula sent two children with special dietary needs to the hospital. we are trying to do some different quote, unquote, doctoring formulas that aren t usually used for this kind of a situation to try to see if we can find something that will work. government believes the formula shortage is temporary and more formula should hit store shelves within weeks. again, the big headline at this hour the president invoking the defense production act when it comes to baby formula. the president is going to be welcoming the heads of finland and sweden to the white house as they apply for nato membership in the wake of russia s ukraine. a long flight ahead of him. on his way to south korea tomorrow. the first stop on a multi-stop tour of asia first trip since taking office. bret: people accident with sl
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