The CEOs of Walmart and other primary stores just told Biden that the chain of origin crisis is improving, but his antitrust watchdog is not.

From delays in sofa shipments to beloved Thanksgiving turkeys, Americans across the country have faced the chain of origin crisis.

On Monday at the White House, primary store CEOs told President Joe Biden that the situations were improving. It’s that the administration is so safe.

On the same day that Biden met with retail CEOs, adding those of Walmart and Kroger, his antitrust watchdog, the Federal Trade Commission (FTC), announced the release of an investigation into origin chain disruptions that harm consumers and competition in the U. S. USA Economy, and ordered nine major retailers, in addition to Amazon, Walmart and Kroger, their internal documents related to methods for origin problems and commodity prices.

“Supply chain disruptions are disrupting the origin and delivery of a wide diversity of products, from PC chips and medicines to meat and timber,” FTC Chairwoman Lina Khan said in a statement. “I hope the FTC’s new Study 6(b) sheds light on market situations and business practices that would possibly have exacerbated those disruptions or resulted in asymmetric effects. “

Early in the morning, Walmart CEO Doug McMillion expressed confidence in the chain’s crisis and told Biden he had noticed “a lot of improvements. “

In elaborating, McMillon said Walmart has more stock than it did a year ago and that the company “is seeing progress. Delays at ports and transits are improving. “it’s been a backlog of about 26% in the last 4 weeks nationally and 51% in Southern California ports.

“Wow,” replied the president.

Biden expressed optimism at the meeting, saying the holiday season “is much more like those of the past. “But his expression of astonishment would possibly have prompted the FTC to investigate further. The White House and the FTC don’t seem to have all the data on this supply chain crisis, and they need more answers.

The FTC did not respond to Insider’s request for comment.

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