"Biden Targets Corporate Practices Amid Approval Rating Concerns"

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Source: CNBC
"Biden Targets Corporate Practices Amid Approval Rating Concerns"
Photo: CNBC
TL;DR Summary

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.

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