Here's your summary from White House Works to Lower Gas Prices Ahead of Holiday (https://www.youtube.com/watch?v=pqfODvs2Deo) on the Bloomberg Television channel:

**TLDR:** The Biden administration is releasing one million barrels of gasoline from a reserve to lower prices, but experts doubt it will make a significant impact.

1. The White House is releasing one million barrels of gasoline from a reserve to lower prices during the summer holidays.

2. Market experts believe this release will have minimal impact on gas prices due to the small fraction of daily U.S. consumption it represents.

3. Senate Democrats are investigating former President Trump for alleged quid pro quo with oil companies in exchange for campaign donations.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

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