TO UNITED STATES CONVENTION MEMBERS:
The United States Chamber of Commerce believes that recent actions by the Federal Trade Commission and its chairperson, Lina Khan, require increased congressional attention and oversight.
Since her confirmation, President Khan has shifted to silent dissent by controlling speech by those working at the agency and consolidating power in a way that suppressed the healthy debate Congress intended when it created. Commission of five members and which calls into question the independence of the agency. His actions signal a desire on several fronts to ignore the statutory limits Congress has placed on the agency.
Any agency that embarks on such a path must be held accountable. Yet some in Congress have sought to expand the authority of the Commission without the necessary guarantees. Of particular concern are the provisions of HR 5376, the Build Back Better Act, which would significantly increase the power and budget of the Commission. We urge Congress to refrain from granting the FTC additional powers or additional resources until Congress is satisfied that the Commission will be governed by an open and transparent process and respect the limits of its powers. powers specified by law.
An attachment to this letter highlights the FTC’s abandonment of the Commission’s bipartisan strategic approach as well as disturbing changes in the process that are critical to the legitimate enforcement of competition and consumer laws. . We call on Congress to hold the Federal Trade Commission accountable.
Neil L. Bradley
Executive Vice President, Chief Policy Officer,
and responsible for strategic advocacy
United States Chamber of Commerce
United States Chamber of Commerce published this content on December 15, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on December 15, 2021 11:08:03 PM UTC.