Interestingly, as this 2004 paper showed, vitamin K2 intake reduced mortality rates from heart disease and all causes, but vitamin K1 (found in soybean and canola oil) did not.
Another tragic consequence of replacing saturated fats with polyunsaturated vegetable oils is losing out on the heart-protective effects of the fat-soluble vitamin, vitamin K2, found in animal fats.
Despite this, and the fact that the president's attack occurred right in the middle of the rapid decline of animal fat consumption and rapid rise of vegetable oil consumption, saturated fat took the blame.