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Trump announces DOJ probe of meatpackers for 'driving up the price of Beef'

2 24
08.11.2025
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The Big Story

Trump targets meatpackers amid pressure over prices

President Trump is taking aim at major meat companies as Republicans facing growing backlash over rising prices.

© Photo Credit

In a Friday post on Truth Social, the president said he asked the Justice Department to investigate the meatpacking industry, which he accused of "driving up the price of Beef through Illicit Collusion, Price Fixing, and Price Manipulation."

Beef prices are up nearly 15 percent over the past year, squeezing household budgets as inflation remains stubbornly high. The annual inflation rate hit 3 percent in September, one full percentage point above the Federal Reserve's annual target.

"Action must be taken immediately to protect Consumers, combat Illegal Monopolies, and ensure these Corporations are not criminally profiting at the expense of the American People," Trump said Friday.

A year after ousting the Biden administration thanks in part to inflation frustrations, Trump and Republicans are facing a similar problem — and turning to similar solutions.

Democrats notched blowout victories in the New Jersey and Virginia governors races Tuesday, flipping state legislative seats in red districts and recapturing areas that shifted rightward along the way.

Strategists in both parties........

© The Hill