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has won over many business leaders during her abbreviated presidential campaign. However, if Harris gets elected, her choice of giving Federal Trade Commission ChairwomanKhan hasn’t been shy during her tenure, since winning Senate confirmation in June 2021, about trying to regulate corporate America, particularly large, aggressively.
Under her leadership, Khan has gone after the largest tech companies, with lawsuits against Google, Meta, and Amazon. She’s also targeted monopolies and mergers and pushed for the eradication of noncompete clauses. Beyond Khan’s policy agenda for the FTC, the agency’sSome celebrate how Khan has taken antitrust from an area only dedicated wonks would talk about to a mainstream political talking point.
“I think it’s just a cautionary lesson, a cautionary tale, that coming in and just disregarding the culture of the place — I just don’t think is a productive way to get one’s ideas put into place. The costs are really high,” New York University professor Lawrence White told theHard-left leaders, such as Sen. Bernie Sanders and Rep. Alexandra Ocasio-Cortez , who have supported Harris thus far, are heavily in favor of keeping Khan.
Billionaire businessman Mark Cuban, who’s been on the campaign trail for Harris, voiced his concerns over Khan at aevent this month, saying her approach to breaking up tech companies compromises their ability to advance artificial intelligence. Many of the Wall Street executives that Harris has been trying to build relationships with have been warming to her but want to see more commitment to personnel changes at the FTC.
“Strategically, you could argue either way: maybe they need to keep Lina Khan to reassure the left, or maybe the left is simply not a strong ally of hers,” Winterton said. “And therefore, you know, playing ball with that is not really going to get her anything.”
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