14 days ago
CNBC Oct 25, 2026

Bessent dines at Cheesecake Factory, slams Obama over Trump joke

Treasury Secretary Scott Bessent recently dined at the Cheesecake Factory and used the occasion to criticize former President Barack Obama for mocking President Donald Trump’s White House renovations. Obama’s joke, made during an Ohio rally, compared Trump’s ostentatious decorating choices to “Saddam Hussein opening a Cheesecake Factory,” a comment that has sparked controversy ahead of the November 3 midterm elections. Bessent, a wealthy former hedge fund manager, took issue with Obama’s perceived elitism, highlighting that he himself enjoys the restaurant’s menu and recommended specific dishes like the French Dip Cheeseburger and Cheeseburger Spring Rolls.

The dispute highlights the broader political tensions as Democrats aim to capitalize on expected gains in Congress. Obama’s critique of Trump focused on lavish home renovations and excessive gold decorations in the White House, an issue the former president has mentioned frequently. Trump defended his updates by accusing Obama of neglecting necessary repairs and stressing the importance of maintaining the White House as a symbol of the nation. The comments reflect an ongoing battle over image and class politics, with Trump supporters framing Obama’s jokes as snobbish and out of touch.

The backlash against Obama included sharp remarks from Republican commentators who said his Cheesecake Factory comparison disrespected working-class Americans. Critics like Matt Whitlock and Scott Jennings argued Obama was condescending to regular folks who enjoy affordable dining options, while others pushed back against that framing, noting that working-class people should not be dismissed as culturally illiterate. This cultural debate occurs amid a politically volatile environment where economic concerns and voter dissatisfaction remain key drivers of campaign narratives.

The Cheesecake Factory, whose stock rose modestly recently, is set to report its third-quarter earnings soon, adding another layer of interest to the ongoing controversy. The political sparring over White House decor and cultural references underscores the heated atmosphere leading up to the midterms, where Democrats appear positioned to make significant gains amid voters’ frustrations with costs and governance. Bessent’s vocal defense of the restaurant and attack on Obama exemplify the sharp rhetoric shaping this charged political moment.

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