White House criticizes meat giants for jacking up prices after Tyson’s earnings
White House press secretary Jen Psaki on Monday raised concerns about large meat processors, as she responded to a reporter’s question about better-than-expected earnings from Tyson Foods . Psaki told reporters during a briefing that she didn’t have “any reaction directly to one company’s earnings,” but Biden administration officials continue to be concerned that meat conglomerates are “so dominant” that they’re elbowing out smaller companies and they have an “ability to jack up prices and pass those on to consumers when they should not.” The administration and industry traded barbs last year.
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