coming up very shortly, heather boushey and brian deese from this administration.on, d.c., good morning. ♪ >> keeping you up to date with news from around the world, i am ritika gupta. boris johnson bowed to the inevitable today. he resigned as british prime minister after a succession of scandals and the rebellion of his own cabinet. johnson plans to stay on in a caretaker role until his conservative party picks a new leader. the timetable for that will come out next week. in china, the ministry of finance is considering whether to allow an unprecedented acceleration of infrastructure funding. it would be aimed at shoring up china's beleaguered economy. local governments would be allowed to sell 220 billion dollars of special bonds in the second half of the year. the bonds would be brought forward from next year. a key commodities gauge has plummeted since reaching an all-time higher month ago. the bloomberg commodities spot index has lost more than 20% after setting the market june. prices for everything from gasoline to wheat is slumping on concerns that a stagn

joining me now, heather boushey, member of the white house council of economic advisers. s so much for being with us. you called on congress to help americans struggling with inflation. can you give us a sense of what that it would do? what it would look like? and where do you see sort of the limits of what the administration can do compared to congress? >> well, certainly, fighting inflation is that the president's number one priority. he understands how challenging this is for families. let me start off with some good news that we've been seeing recent low. you know, gas prices have fallen now for 39 straight days, falling by over 60 cents, actually. there is now, you know, stations all around the country, where got actually something for less than $4 a gallon. so that's some good news, moving in the right direction. certainly, the president has remained focused on getting this legislation passed to congress that would lower the cost of some real pain points for families, description drugs, making sure that health care remains affordable. so, those are some things that c

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. >> heather boushey, thank you for being with us this morning. >>> joining us now is the anchor of "cnn newsroom" poppy harlow. such an interesting interview and i want to take it back to where it began which was playing for her the voices of americans who are struggling and i wonder -- look, maybe it's only so much that the white house can control, poppy, but if i'm that single mom whose voice is k drag as she's talking about her financial situation, i don't know if i feel so much better an listening to that. >> did you feel that listening to her? i was just thinking what if that were me for our kids? and that is so many americans right now, everyone is feeling it everywhere. there is a lot more the white house can do. not only the former carter treasury secretary, a number of high ranking economic officials came out and said don't make the same mistakes we did. price caps don't work, a gas tax holiday will cost a lot and have very little effect and as everything else gets he can pensive they point the money to that. there is more they can do. they can't do everything but i don't un