Following President Trumpโs Brilliant McMove, DC Targets McDonalds
October 24, 2024 | Sundance
https://theconservativetreehouse.com/blog/2024/10/24/following-president-trumps-brilliant-mcmove-dc-targets-mcdonalds/
[โฆ] โIn a letter sent late Monday afternoon, Sens. Elizabeth Warren of Massachusetts, Bob Casey of Pennsylvania and Ron Wyden of Oregon demanded that McDonaldโs President and CEO Chris Kempczinski explain the chainโs pricing decisions.โ
[pdf SOURCE]
[โฆ] In a statement, McDonaldโs said the letter from the senators โdemonstrates a lack of understanding of our franchise business model and contains contortions of facts and many inaccuracies.โ
โMcDonaldโs and our franchisees are committed to keeping prices affordable โ from the everyday prices on our menu boards, to our popular $5 Meal Deal and other offers available locally or on the App,โ the company said. โTake the components of the $5 Meal Deal with McChicken, for example โ which would have cost 15% more in 2020 than they do today. Thatโs the opposite of price gouging.โ (link)
https://www.warren.senate.gov/imo/media/doc/letter_to_mcdonalds_ceo_remenupriceincreasesandstockbuybacks1.pdf