Hedge-fund titan Kyle Bass blamed Joe Biden for his $85 room-service breakfast. It didn't go well for him.

• The hedge-fund manager Kyle Bass is being mocked online after he shared a receipt for an $85 breakfast.
• "Terrible inflation milestone reached," he wrote, calling out Joe Biden, Janet Yellen, and the Fed.
• X users hit out at Bass after a community note said the bill was from the five-star Carlyle hotel.

The veteran investor Kyle Bass is catching flak online after he blamed his $85 breakfast at a luxury five-star hotel on President Joe Biden's inability to clamp down on inflation.

"Terrible inflation milestone reached — My first $85 breakfast for one at a NYC hotel," Bass, who founded the private-equity firm Conservation Equity Management and the hedge fund Hayman Capital Management, wrote on X on Wednesday.