SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
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 toldPunchbowl.
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
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 toldPunchbowl.
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 toldPunchbowl.