SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
Rep. Jim Jordan (R-Ohio) talks with Rep. Pramila Jayapal (D-Wash.) during the House Judiciary Committee hearing on February 12, 2025.
(Photo: Tom Williams/CQ-Roll Call, Inc. via Getty Images)
After Reporting and Backlash, Republicans Drop Sneaky Effort to Gut FTC—For Now
"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.
May 01, 2025
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.
We are at a crossroads
This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. If you share our vision, please contribute whatever you can to sustain our work. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
antitrustbecca balintcorporate powerjim jordanpramila jayapalrepublican partyus house of representativesfederal trade commission
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.
From Your Site Articles
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.
From Your Site Articles
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.
To inform. To inspire. To ignite change for the common good.
News & Opinion
Trending
Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit
Privacy Policy