The Clap
U.S. President Joe Biden’s administration is set to meet with major firms that have a significant influence on the overall economy.
What’s the meeting about?
The meeting is expected to address the most recent implications of the Russia-Ukraine crisis. For example, gas prices reached new all-time highs as the price of crude oil surged. However gas prices did not drop after oil prices fell, something President Biden has criticized energy companies for.
Attendees
Some notable energy companies attending the meeting include ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), & Marathon Petroleum (NYSE: MPC). Major banks JPMorgan (NYSE: JPM) & Bank of America (NYSE: BAC) are also expected to make an appearance, along with other manufacturing & agricultural companies.
