President Joe Biden refused Thursday to ask Saudi Arabia to produce more oil to bring down the cost of gasoline in the United States and around the world.
President Joe Biden is planning to call on Congress on Wednesday to pass legislation that will establish a federal gas tax holiday for three months as part of the administration's effort to lower prices at the pump.
President Joe Biden’s attempts to convince the American people that Russian leader Vladimir Putin is responsible for high gas prices and inflation has failed, polling data released Tuesday showed.
Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy...