October 22, 2024
By: Elizabeth Chuck
Source: NBC News
NBC News: Democratic senators slam McDonald's for menu price hikes they say have outpaced inflation
Three Democratic senators are asking McDonald's about its menu price hikes in recent years, arguing that the increases are higher than they should be - even with inflation and rising operating costs.
In a letter sent late Monday afternoon, Sens. Elizabeth Warren of Massachusetts, Bob Casey of Pennsylvania and Ron Wyden of Oregon demanded that McDonald's President and CEO Chris Kempczinski explain the chain’s pricing decisions.
"McDonald’s own reports indicate that the company’s price increases may be outstripping inflation," read the letter, which was shared first with NBC News.
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By: Elizabeth Chuck
Source: NBC News
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