Biden says 'shelves are going to be stocked' for the holiday season [CNN]
CVS Health Corporation (CVS)
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Source: CNN
"If you watched the news recently, you might think the shelves in all our stores are empty across the country, that parents won't be able to get presents for their children this holiday season," Biden said. "But here's the deal: For the vast majority of the country, that's not what's happening." The President touted actions his administration has taken to speed up operations and extend hours at key southern California ports as well as facilitating the transportation of goods more quickly. Overall, Biden said "shelves are going to be stocked" and that the US is "heading into the holiday season in very strong shape." Biden said CEOs he met with earlier this week "reported that their inventories are up, shelves are well stocked and they're ready to meet the consumer demand for the holidays." The President hosted a roundtable at the White House with executives from Best Buy, Food Lion, Etsy, Walmart, Mattel, Samsung, CVS Health and others. In October, in response to a backlog of
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