Bessent pressed at hearing after claiming groceries are going down amid rising inflation

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Source: Yahoo Finance
Bessent pressed at hearing after claiming groceries are going down amid rising inflation
Photo: Yahoo Finance
TL;DR Summary

At a Senate Finance Committee hearing, Scott Bessent claimed groceries were going down, a remark challenged by Sen. Maggie Hassan who asked when he last shopped. Official data show grocery prices continue to rise (food-at-home up 2.9% year over year in April 2026 and up 0.7% month over month), with increases in beef, vegetables and tomatoes, underscoring that inflation remains a concern even as some officials argue it’s easing.

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