White House, Jeff Bezos trade barbs over gas prices

The White House Press Secretary Karine Jean-Pierre on Sunday responded to criticism from Jeff Bezos about President Biden's call for oil executives to reduce gas prices, saying high gas prices are emblematic of "a market that is failing the American consumer."

Driving the news: After Biden tweeted on Saturday reiterating calls for oil companies to lower prices, Bezos responded by tweeting, "inflation is far too important a problem for the White House to keep making statements like this."

• "It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics," Bezos added.