Business and legal observers submit their objections to recent changesBy: David Bland
Words matter, and the deliberate deletion of ‘legitimate business activity’ from the FTC’s draft Mission Statement is material and meaningful. This move is likely to trigger another hostile response, creating an unnecessary distraction of the Agency’s own making. — John Villafranco, Partner, Kelley Drye & Warren LLPThe U.S. Chamber of Commerce, the nation’s most powerful corporate lobbying group and a long-time adversary of the Federal Trade Commission (FTC), sent three letters to Commission Chairwoman Lina Khan on Nov. 19, objecting to recent actions by the Commission that the Chamber considers to be abuses of power. In an incendiary accompanying statement, U.S. Chamber President and CEO Suzanne P. Clark said: “The FTC is waging a war against American businesses, so the U.S. Chamber is fighting back to protect free enterprise, American competitiveness, and economic growth.”
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CFPBConsumer Finance Protection BureauFCCFECFederal Communications CommissionFederal Election CommissionFederal Trade CommissionFTCJanuary 2021John VillafrancoKelley Drye Warren LLCLina KhanMatter of Yovino v. RizoNational Taxpayers Union FoundationNTUFPenalty Offense AuthorityPOAPresident BidenPromoting Competition in the American EconomyRebecca Kelly SlaughterRohit ChopraSECSecurities and Exchange CommissionSuzanne P. ClarkThe Case for Resurrecting the Penalty Offense AuthorityU.S. Chamber of CommerceWhite House Competition Council