Lina Khan Has Revitalized the Federal Trade Commission. Now, She Needs Our Help.

The FTC chair has dismissed the Reagan-era mandate in favor of aggressive trust-busting. Unfortunately, it's the last day of her term.

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Thank you! As always, In Solidarity — Joe

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Lina Khan, Chair of the Federal Trade Commission.

The good things about Joe Biden’s presidency can be counted on the lone remaining hand of a Palestinian dismembered by Israeli bombs. They include:

1. Not being Donald Trump,

2. Good appointees to the National Labor Relations Board,

3. The Inflation Reduction Act,

4. Withdrawing from Afghanistan, and

5. Appointing Lina Khan as chair of the Federal Trade Commission (FTC).

Khan, the youngest head in FTC history, has become a household name due to her revitalization of the agency’s trust-busting mission. Born from the battle to break up Standard Oil, the FTC was established in 1914 to push back on the monopolistic aims of J.D. Rockefeller, J.P. Morgan, and other Gilded Age capitalists. And it worked! For a while, at least. But, like many other progressive government institutions, the FTC was defanged by ultra-capitalist politicians who neutered it with underfunding and do-nothing appointees. 

"We are now 40 years into the experiment of letting giant corporations accumulate more and more power, and what have we gotten from it? Less growth, weakened investment, fewer small businesses.” - President Joe Biden, 2021

But that changed when Lina Khan took the wheel. Since becoming the FTC chair, Khan has restored the FTC’s original mission of breaking monopolies and building consumer protection. In a time of inflation, corporate greed, and a resurgent awareness of the need to combat capital’s unquenchable thirst for more, More, MORE, Khan is doing the unthinkable: showing Americans that the government can be their ally in the fight against corporate exploitation. A talented communicator, she recently displayed her mission in the below segment from 60 Minutes.

A Renewed Focus

Under Khan, the FTC has shaken off the ring rust, bit down on its mouthguard, and come out swinging against the giants of 21^st-century capitalism.