Gouging Consumers News Today

This hour with Breaking News that the white house were any minute now were expecting President Biden to speak at a News Conference with kenyas president william ruto. The two are marking 60 years of diplomatic ties between these two countries. Yesterday, President Biden rolled out the red carpet for Brudos Arrival the First Official state visit of an african leader since 2008. And its happening as both china and russia expand, there fluence in africa cnns mj lee is live for us waiting for Presid...

Very much for joining us here in the cnn newsroom. Im wolf blitzer in washington. Ill be back later tonight. 6 00 p. M. Eastern in the situation room. Stay with Cnn Inside Politics with dana bash starts right now welcome to inside hala. Take some dana bash. We start at the Supreme Court where the justices appear deeply divided over one of the biggest abortion cases. Since roe versus says wade was overturned. The issue is whether an idaho abortion ban prevents doctors from performing abortions fo...

Make sure that americans have the support they need. look, oil companies are gouging consumers right now, we need to get to the bottom of that, we need to pass legislation and ill make sure to tax the oil companies, so their windfall profits are going back into the pockets of the american people. and not just into the pockets of their shareholders, their ceos. there needs to be an investigation on price gouging, but we also need in congress to pass more help for people, whether thats -- cancelin...

Companies like exxon and chevron, who are reporting record profits, you know, more than $6 billion in the last quarter for exxon, more than -- nearly $6 billion for chevron and yet theyre gouging consumers at the pump. so i think the president can send a strong signal that he means business. he sent the letter to the ftc asking them to look for any activity that indicated that they were trying to use means that were perhaps beyond the law to kind of jack of prices and lina khan, the chair, will ...

Downward trajectory. its not going to have a massive impact, but i think it can have, in fact a leveling off price, and pushing prices down over the long term. but at the end of the day, where the president really can do, is get the u.s. off its oil addiction, so they were not held hostage to the whims of saudi arabia, of russia, of the major oil companies like exxon and chevron who are reporting record profits. more than six billion dollars in the last quarter for exxon, nearly six billion for ...

What do you think? >> beef, we have never seen this surge in demand in our industry. it is at an all-time high but it is not that way. my family, my fellow americans we seen during the pandemic and they are telling us the administration telling us cattle and beef, just because we have a similar thing, just because we are gouging consumers, prices we ever seen in 30 years, thats not coming back to rural america, to fellow ranchers, people who built this country, we arent seeing that and it is gou...

Peoples lots who they try to do now with elizabeth warren shes a very very accomplished person with a wonderful resume, great history, and shes very articulate but i think shes wrong on these issues and id love to sit down with her some time in private by the way and without any strings attached or anything and just talk about these with her, because im sure if she went through this stuff carefully shed realize that a lot of the things shes aspous ing, arent really what the nation needs it would...

You say they are not the bad guys, why shouldnt americans when they are filling up at the pump this week feel resentful? >> everybody does feel resentful and irritated about the high gas prices and i was in the chicago area, this weekend, alisyn and by the way you guys keep reporting less than $4 a gallon gas and everywhere i go on the road, i paid $4.29 a gallon in chicago, $75 to fill up and people are irritated. it is a huge crimp in the pocketbook of americans and it is interesting, obviousl...

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