In the days leading up to President Trump’s inauguration, the Biden FTC rushed to initiate major lawsuits and to tie a bow on various antitrust
Lina Khan, the youngest chair of the U.S. Federal Trade Commission will resign in the coming weeks with Trump's incoming administration.
The Federal Trade Commission terminated requests for information over five Biden-era proposed regulations, including a sweeping proposal on commercial surveillance.
Lina Khan, who headed the U.S. Federal Trade Commission under former President Joe Biden until Monday, will resign from the commission in the coming weeks, she told staff in a memo. Republican Commissioner Andrew Ferguson is now the agency's chair after President Donald Trump took office.
WIth one foot out the White House door, the Biden administration issued 2 documents Musk is now using in his battle to break up OpenAI and Microsoft.
The regulatory agency will likely take a kinder approach to divestiture proposals by merger parties under its new leadership, one antitrust attorney said.
Newsweek sought email comment from the FTC and its outgoing chairwoman, Lina Khan, on Friday. The flurry of lawsuits before the change to a GOP administration underscore the tension within the FTC between pro-regulation Democrats and anti-regulation Republicans.
You might say the same thing about many of the Biden administration's lame-duck activities—and there have been a lot of them.
The FTC announced Friday it reached a settlement with Welsh Carson that limits the private equity firm’s involvement in its anesthesia business, which the agency deemed a monopoly.
Democrats may have lost power in Washington in part because voters blamed them for the rising cost of goods, but when Joe Biden’s administration hands over power, it will also leave behind a series of strong new protections for consumers.
The executive order follows a ProPublica investigation that found Microsoft prioritized profit over security, leaving the federal government vulnerable to the largest hack in U.S. history. Vendors must now demonstrate that their products are secure.
The directive, issued in October 2023, added guardrails for AI developers and bolstered guidance for businesses looking to adopt the technology.