WASHINGTON – Competitiveness Coalition Chair Scott Brown today hailed House Committee on Oversight and Accountability Chairman James Comer’s investigation into Federal Trade Commission (FTC) Chair Lina Khan.
“This is a blaring signal to the FTC and Biden Administration that House Republicans will not sit idly by as activist bureaucrats inappropriately extend the long arm of government into private American companies,” said Competitiveness Coalition Chair Scott Brown. “Whether it is colluding with European regulators to stifle American innovators, or a blatant disregard for the law, this once bipartisan commission – now under sole Democratic control – has run amok during Chair Khan’s tenure. We commend Chairman Comer for conducting a badly-needed investigation into the FTC and hope that taxpayers will finally get the answers they deserve into how this agency’s hard-left agenda is harming American businesses and consumers.”
For more than a year, the Competitiveness Coalition has been sounding the alarms on the FTC’s egregious overreach and questionable actions. Under Khan’s leadership the “independent” agency has lost two Republican commissioners, senior staff attorneys have departed “at the fastest rate in years” and employee morale has plummeted. Compounding this myriad of controversies is that the FTC is currently working with foreign regulators to hamstring U.S. companies.
Citing the resignation of former FTC Commissioner Christine Wilson, who expressed deep concerns over Khan’s leadership in an op-ed for The Wall Street Journal, the committee is requesting documentation from the commission by June 15, 2023.
In April, Brown alongside 14 groups and thought leaders in the Competitiveness Coalition sent a letter to Republican and Democratic leaders on the Senate and House appropriations committees expressing strong opposition to the request from the FTC for $590 million for FY 2024. Click HERE to read the letter.
The Competitiveness Coalition is a first-of-its-kind group educating the public and advocating for policies that put consumers first while fostering innovation and attracting new investment.