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Rep. Jim Jordan (R-Ohio) talks with Rep. Pramila Jayapal (D-Wash.) during the House Judiciary Committee hearing on February 12, 2025.
"We applaud Democratic members of the Judiciary Committee that stood up against his harmful proposal to ensure this amendment landed where it belongs—on the cutting room floor," said one antitrust advocate.
House Republicans on Wednesday dropped an effort to hamstring the Federal Trade Commission's ability to fight corporate consolidation after antitrust advocates, Democratic lawmakers, and news outlets—including Common Dreams—highlighted and sounded the alarm over the proposal.
Rep. Jim Jordan (R-Ohio), chairman of the House Judiciary Committee, agreed during a markup hearing Wednesday to remove the proposal from the panel's section of the GOP's sprawling reconciliation package—though he indicated he would try to revive the proposal as a standalone bill at a later date.
The reversal came after Democrats on the panel, including Reps. Pramila Jayapal (D-Wash.) and Becca Balint (D-Vt.), ripped the proposal as a disaster for small businesses and consumers.
"Why would you go after the FTC and make it harder for small businesses to survive in this landscape?" Balint asked in fiery remarks at Wednesday's hearing. "You all talk about competition... and then you go after the FTC. It doesn't make any sense, and it doesn't pass the straight-face test."
"Why would you go after the FTC and make it harder for small businesses to survive in this landscape? You all talk about competition... and then you go after the FTC. It doesn't make any sense." pic.twitter.com/8EF8AOmW8m
— American Economic Liberties Project (@econliberties) April 30, 2025
Jordan ultimately relented and the House Judiciary Committee voted to remove the section in question, which would have transferred the FTC's antitrust staff and funding to the Justice Department—which doesn't have the same statutory authority to protect the American public from "unfair methods of competition."
Morgan Harper, director of policy and advocacy at the American Economic Liberties Project, said in a statement that Jordan and other Republicans on the judiciary panel "did the right thing scrapping a proposal that would have kneecapped antitrust enforcement against our economy’s most harmful monopolies."
"We applaud Democratic members of the Judiciary Committee that stood up against his harmful proposal to ensure this amendment landed where it belongs—on the cutting room floor," said Harper.
But Jordan made clear following Wednesday's hearing that he did not agree to remove the FTC proposal from the reconciliation package out of genuine concern about its implications for the future of antitrust enforcement.
Rather, he accepted Republican senators' warnings that the proposal wouldn't comply with the rules of the budget reconciliation process.
"We'll just do it in a standalone bill," Jordan told Punchbowl.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
House Republicans on Wednesday dropped an effort to hamstring the Federal Trade Commission's ability to fight corporate consolidation after antitrust advocates, Democratic lawmakers, and news outlets—including Common Dreams—highlighted and sounded the alarm over the proposal.
Rep. Jim Jordan (R-Ohio), chairman of the House Judiciary Committee, agreed during a markup hearing Wednesday to remove the proposal from the panel's section of the GOP's sprawling reconciliation package—though he indicated he would try to revive the proposal as a standalone bill at a later date.
The reversal came after Democrats on the panel, including Reps. Pramila Jayapal (D-Wash.) and Becca Balint (D-Vt.), ripped the proposal as a disaster for small businesses and consumers.
"Why would you go after the FTC and make it harder for small businesses to survive in this landscape?" Balint asked in fiery remarks at Wednesday's hearing. "You all talk about competition... and then you go after the FTC. It doesn't make any sense, and it doesn't pass the straight-face test."
"Why would you go after the FTC and make it harder for small businesses to survive in this landscape? You all talk about competition... and then you go after the FTC. It doesn't make any sense." pic.twitter.com/8EF8AOmW8m
— American Economic Liberties Project (@econliberties) April 30, 2025
Jordan ultimately relented and the House Judiciary Committee voted to remove the section in question, which would have transferred the FTC's antitrust staff and funding to the Justice Department—which doesn't have the same statutory authority to protect the American public from "unfair methods of competition."
Morgan Harper, director of policy and advocacy at the American Economic Liberties Project, said in a statement that Jordan and other Republicans on the judiciary panel "did the right thing scrapping a proposal that would have kneecapped antitrust enforcement against our economy’s most harmful monopolies."
"We applaud Democratic members of the Judiciary Committee that stood up against his harmful proposal to ensure this amendment landed where it belongs—on the cutting room floor," said Harper.
But Jordan made clear following Wednesday's hearing that he did not agree to remove the FTC proposal from the reconciliation package out of genuine concern about its implications for the future of antitrust enforcement.
Rather, he accepted Republican senators' warnings that the proposal wouldn't comply with the rules of the budget reconciliation process.
"We'll just do it in a standalone bill," Jordan told Punchbowl.
House Republicans on Wednesday dropped an effort to hamstring the Federal Trade Commission's ability to fight corporate consolidation after antitrust advocates, Democratic lawmakers, and news outlets—including Common Dreams—highlighted and sounded the alarm over the proposal.
Rep. Jim Jordan (R-Ohio), chairman of the House Judiciary Committee, agreed during a markup hearing Wednesday to remove the proposal from the panel's section of the GOP's sprawling reconciliation package—though he indicated he would try to revive the proposal as a standalone bill at a later date.
The reversal came after Democrats on the panel, including Reps. Pramila Jayapal (D-Wash.) and Becca Balint (D-Vt.), ripped the proposal as a disaster for small businesses and consumers.
"Why would you go after the FTC and make it harder for small businesses to survive in this landscape?" Balint asked in fiery remarks at Wednesday's hearing. "You all talk about competition... and then you go after the FTC. It doesn't make any sense, and it doesn't pass the straight-face test."
"Why would you go after the FTC and make it harder for small businesses to survive in this landscape? You all talk about competition... and then you go after the FTC. It doesn't make any sense." pic.twitter.com/8EF8AOmW8m
— American Economic Liberties Project (@econliberties) April 30, 2025
Jordan ultimately relented and the House Judiciary Committee voted to remove the section in question, which would have transferred the FTC's antitrust staff and funding to the Justice Department—which doesn't have the same statutory authority to protect the American public from "unfair methods of competition."
Morgan Harper, director of policy and advocacy at the American Economic Liberties Project, said in a statement that Jordan and other Republicans on the judiciary panel "did the right thing scrapping a proposal that would have kneecapped antitrust enforcement against our economy’s most harmful monopolies."
"We applaud Democratic members of the Judiciary Committee that stood up against his harmful proposal to ensure this amendment landed where it belongs—on the cutting room floor," said Harper.
But Jordan made clear following Wednesday's hearing that he did not agree to remove the FTC proposal from the reconciliation package out of genuine concern about its implications for the future of antitrust enforcement.
Rather, he accepted Republican senators' warnings that the proposal wouldn't comply with the rules of the budget reconciliation process.
"We'll just do it in a standalone bill," Jordan told Punchbowl.