The White House invited executives from an array of U.S. industries and businesses, including energy, food, and banks, to a briefing Monday on the Russia-Ukraine conflict, a White House official said.
The off-the-record briefing will be led by National Economic Council Director Brian Deese, national security adviser Jake Sullivan, Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo, the White House official said. President Joe Biden and his fellow Democrats have been pushing the chief executives of major oil companies to increase production amid rising prices at the gas pumps.
U.S. consumer prices, including for rent and food, have also surged, and inflation is poised to accelerate even further as Russia’s war against Ukraine drives up the costs of crude oil and other commodities.