White House

SEATTLE, WA - JUNE 18: Amazon.com founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipated device is available for pre-order today and is available exclusively with AT&T service. (Photo by David Ryder/Getty Images)

Bezos: White House misleading public or misunderstands market basics

The White House denied accusations made by billionaire Jeff Bezos in which he claimed President Joe Biden is misleading the public over gas prices. On Monday, Press Secretary Karine Jean-Pierre dismissed this claim that the administration’s handling of inflation is either “misdirection or deep misunderstanding of basic market dynamics.”