BREAKING: The House Oversight Committee is launching an investigation into the nationwide shortage of baby formula, and demanding records and information from four of the largest manufacturers.
"We have asked for a briefing by the end of the month, and we've asked three basic questions: Do they have the supply to meet the demand? Is there a supply chain problem that can be corrected? And what can we do to make sure this doesn't happen again?" Maloney told ABC News.
"While we are a small player in the infant formula market, we are absolutely committed to doing everything we can to help get parents and caregivers the formula they need so their babies can thrive," a Nestlé spokesperson told ABC News."We have significantly increased the amount of our infant formula available to consumers by ramping up production and accelerating general product availability to retailers and online, as well as in hospitals for those most vulnerable.
The White House has also called the Federal Trade Commission and state attorneys general to investigate potential price gouging. The Food and Drug Administration could also announce ways the U.S. can import more formula from abroad.
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