Scott Bessent was ridiculed for suggesting skyrocketing beef prices have nothing to do with MAGA’s economic policies and everything to do with a supposed invasion of cows across the southern border.
The Treasury Secretary expounded his wild theory during a Sunday sit-down with Maria Bartiromo over on Fox News. The host described the crisis to Bessent, asking for his take on “ten dollar… meat, a pound!”
Arguing the beef industry is in “a perfect storm” that the White House “inherited” from the Joe Biden administration, the secretary shot back that rising costs are a direct result of migrants entering the U.S. from Latin America.
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