White House Expected to Extend Controversial Jones Act Waiver, Sources Say

gCaptain4 Aug 2026Macro
Automatically composed with AI from the cited sources

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The White House is expected to extend a waiver of the century-old Jones Act in the coming days, sources say, reaching for one of the few tools it has to try and hold down gasoline prices as President Donald Trump escalates his attacks on Exxon Mobil XOM.Nand Chevron CVX.N for making "too much money."