Jim Jordan questions FTC chief over ex-employer's call for agency to block Musk's Twitter acquisition

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 87%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Rep. Jim Jordan sent a letter to FTC Chair Lina Khan on Wednesday, questioning whether she has taken action on her former employer's calls for her agency to block Elon Musk's pending purchase of Twitter.

Jordan wrote in his letter to Khan that "OMI appears to believe that the FTC will be receptive to its cavalier effort to influence a federal agency that is run by its former employee.

""It is true that the Biden FTC is moving to promote progressive values that undermine capitalism and threaten innovation," the Ohio lawmaker continued. "And under your leadership, the Biden FTC has sought to ‘recast antitrust law into a tool to enable government to control capitalism,’ which disrupts free markets and is inconsistent with fundamental American freedoms. Perhaps this is why OMI seems to think it may have a friendly ear in the FTC.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer explains why owning stocks is 'worth the risk' right nowCNBC's Jim Cramer explained on Tuesday's episode of 'Mad Money' why investors shouldn't sell off all their stocks despite the current market turbulence. Jinxed Great as if we didn’t have enough headwinds holding us back. The Paradox of Investing - It is to be greedy when people are fearful and fearful when people are greedy.
Source: CNBC - 🏆 12. / 72 Read more »