U.S. President Joe Biden announces the release of 50 million barrels of oil from the U.S. Strategic Petroleum Reserve as part of a coordinated effort with other major economies to help ease rising gas prices as he delivers remarks on the economy and "lowering prices," during a speech in the Eisenhower Executive Office Building's South Court Auditorium at the White House in Washington, U.S., November 23, 2021. Walmart CEO Doug McMillon and CVS Health CEO Karen Lynch will attend the meeting virtually, the White House said. Other retailers in attendance will include Mattel CEO Ynon Kreiz, Best Buy CEO Corrie Barry and David Rawlinson, CEO of Qurate Retail Group, which owns brands like QVC, Ballard Designs and Zulily. The supermarket industry will be represented by Food Lion president Meg Ham, Todos Supermarket CEO Carlos Castro and Kroger CEO Rodney McMullen. Joining Biden in person from the tech sector will be Etsy CEO Josh Silverman and Samsung CEO KS Choi, according to a list from the White House. WASHINGTON -- President Joe Biden will host the CEOs of several major retailers at the White House on Monday to discuss administration efforts to tackle global supply chain bottlenecks, and reassure Americans that goods will be on shelves for the holidays. After the roundtable, Biden is scheduled to deliver remarks on what his administration is doing to "strengthen the nation's supply chains, lower everyday costs for families, and ensure that shelves are well-stocked this holiday season," the White House said Monday. The events are part of a multi-pronged White House effort to tackle the intertwined challenges of global supply chain bottlenecks and inflation. Both of these problems trace their roots to an increase in post-pandemic demand for goods, which has collid . . . read the full article here.