Baby Formula

The president is going to be on the phone with major retailers, target and walmart, and manufacturers of baby formula. The reason why this is happening is because a plant that made baby formula was not meeting safety standards. We're working on allowing more imports from european countrys, for example, where they do have high safety standards. And importantly, the president will to day ask the federal regulators, the f t c, working with state attorneys general, to really increase our focus on price gouging.