Cookie Monster Sparks Debate Over Shrinkflation as Biden Administration Vows Action

• Cookie Monster complains on social media about "shrinkflation", smaller product sizes without matching price drops • Shrinkflation is a real trend as companies quietly downsize products to cut costs amid high inflation • Politicians like Sens. Brown, Casey, and Warren chime in on social media, sympathizing with Cookie Monster • Inflation remains stubbornly high, concerning investors and keeping Fed interest rates elevated • Biden administration hopes to crack down on shrinkflation, calling companies' tactics unfair to consumers