White House on High Inflation Around Transport, Cars: We Have 'Junk Fee Agenda,' Corporations Need to Lower Prices

On Thursday's broadcast of CNBC's "The Exchange," White House Council of Economic Advisers Chair Jared Bernstein responded to a question on high inflation around cars and transportation by stating that we have to push down on costs and "That also taps into his junk fee agenda, and also, look, if you're a corporation and your input costs are coming down because of the savings that we've seen, you need to pass those along to the consumer."