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On The Money — Biden’s inflation frustration

FILE – President Joe Biden speaks at United Performance Metals in Hamilton, Ohio, Friday, May 6, 2022. The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to low-income Americans, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy. (AP Photo/Andrew Harnik, File)

The White House has a lot of problems with rising prices and few options to fix them. We’ll also look at how the Biden administration is responding to the baby formula shortage and Democratic agitation over an Elon Musk-run Twitter. 

But first, take a look at The Hill’s Photos of the Week

Welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line. For The Hill, we’re Sylvan LaneAris Folley and Karl Evers-Hillstrom.

Let’s get to it.

White House gets boxed in on inflation 

President

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