The Biden administration faces a wave of lawsuits targeting its regulatory agenda, as business and banking groups argue that federal agencies are overstepping their authority.
And they are not alone. The American Bankers Association, another influential lobbying group in Washington, has signed on to four lawsuits against banking regulators since Sept. 2022, after not signing on to any legal challenges to federal policy for roughly a decade before that. But Patrick McLaughlin, director of policy analytics at George Mason's free-market, libertarian Mercatus Center think tank, who created the metric, says the nature of Biden's regulations is more notable than the volume of them.
Even before the FTC issued its ban on non-compete clauses, for example, the Chamber pledged to take FTC Chair Lina Khan to court over it, regardless of the specifics.