formula shortage had been the thought that abbott had to close one of the key facilities in michigan after several babies became ill drinking the formula. in terms of the time line, production should begin in two weeks and formula will hit store shelves several weeks later. in the meantime, the fda says they will make it easier for domestic producers to make and distribute formula within the united states. and then, john, the point about foreign producer, the fda also said that it is going to call on global producers of baby formula, baby product outside of the u.s., but meets safety standard, and make it easier to get it into the country. cnbc s julianna tatelbaum, terrific stuff as always. joining us live from london. we will talk to you tomorrow. coming up, president biden is sending hundreds of troops overseas to fight an emerging extremist group. plus the data from the fbi that indicates that the dead i had attack in buffalo is actually part of a larger trend across the coun
exactly. women were already disproportionately affected by this and this will add on to that. and the other issue right now with inflation soaring and fuel prices as we discussed high, a magnifying glass put on oil companies and there is this news, the oil giant surpassed apple as the world s most valuable firm. tell us what that means. it is a psychological marker, and apple was the first company to reach the trillion of market cap on the public market which really shows how much investors have lost in the tech stocks in the last week or so, and really the past year, tech stocks have had a huge beating and investors are seeing that there is a bit of a profit mix there. and that is driving prices and what is driving up consumer demand, energy prices and so this is really a psychological raepgs of where things are right now in business. and certainly the futures, a lot of red this morning. so we ll keep an eye on that. axios, hope king, terrific stuff. thanks for joining us toda
of salt. it s a good sign suggesting people are going to come out and vote for this legislation. it doesn t mean anything yet because there is no legislation. the big question is can nancy pelosi convince them to vote for the infrastructure while they re making this reconciliation while they re getting this reconciliation bill together. that s a big question, but she has a couple days. they ll start debating that bill today and then they ll vote on it on thursday. so she has a couple of days to get this done, and that s her task. her task is to convince people that this large-scale package will get done as will the infrastructure bill. jake sherman of punch bowl news. terrific stuff. thanks for the clarity. we ll talk with you i m sure. still ahead, the totally different tactics alleged to keep tabs on britney spears. way too early back in just a minute. way too early back in just a minute
hillary is begging them to impeach the irs guy because they will look bad again. if you don t do something now. i hate to say impeach anybody. i e-mails and evidence were destroyed giving agency to people in the media saying there was no there there. the e-mails were destroyed. if any law enforcement official or come did it they would lose their job. to impeach or not? what do you say, john? sure, impeach him. it s just a distraction. the big scandal is that we cower before the irs on an annual basis, have to prove our income to them. focusing on this gets away from the unelected bureaucracy. wouldn t it be nice? we talk about government getting away with stuff. to stop one individual at least from getting away with stuff? i think so, without question. again, the real problem is we
s of people who can get around the legal process and withhold stuff. isn t it time to put your foot down and make a case of it. this is why the approval ratings are in there and why republicans are mad at it. they don t know how to operate the power of the purse. when governmentings agencies, especially the irs engages in criminal actions. it goes before congress and flips them el the bird. they have to take severe action. obama won t do it. this hasn t happened in a while. 1876 was the last time. in this case it was the secretary of war who was im peached. is it time to do it again? no. he deserves it. charles krauthammer had a great column in friday s washington post. sometimes you can t hit the fast ball or the republicans can t do hearings.