00:00It's Benzinga bringing Wall Street to Main Street
00:02Rising gas prices and uncertainty over the Iran war are complicating GOP plans to campaign on
00:08affordability ahead of the November elections, according to CNBC. Republican lawmakers met in
00:14Miami to plan a legislative agenda focused on lower prices and tax breaks. Gas prices have
00:19risen more than 60 cents in the past month, according to AAA. Trump told lawmakers the war
00:24is ahead of schedule and will end soon, while House Speaker Mike Johnson said the Strait of
00:29Hormuz will reopen and gas prices will readjust. Some lawmakers hope the war will end soon
00:34and gas prices will fall before Election Day, while others privately worry rising fuel costs
00:39and uncertainty could overshadow their policy agenda. About 29% of Americans approve of the
00:45war, and many expect gas prices to continue rising, according to a Reuters-Ipsos survey.
00:50For all things money, visit Benzinga.com.
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