"Biden Targets Corporate Practices Amid Approval Rating Concerns"
TL;DR
President Biden called out snack companies for "shrinkflation," urging them to stop reducing product sizes while maintaining prices. Former presidential candidate Andrew Yang noted that this message resonates with consumers but questioned whether it will prompt corporate change. The White House is emphasizing this issue as consumer prices rise, with the administration seeking to connect with independent voters ahead of the upcoming election.
- Biden is calling out corporations because 'his administration is underwater with independents,' Andrew Yang says CNBC
- Lael Brainard slams food companies for ‘shrinkflation' as White House attacks price gouging CNBC
- Biden calls on snack companies to stop shrinkflation ahead of Super Bowl CNN
- Nothing is shrinking except Biden’s approval rating: Jesse Watters Fox News
- Biden Takes Aim at Grocery Chains Over Food Prices The New York Times
Want the full story? Read the original reporting
Read on CNBC