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Some of Vice President Kamala Harris ’ wealthier donors are conversationally ask for FTC Chair Lina Khan to be replaced , reports Bloomberg . It ’s not really surprising : Her talkative definition of antimonopoly enforcement has myriad industries frantic , and the magnanimous corp opposed her assignment from the start .
Khan ’s FTC , which has fight down uniting that would have been beckon through by previous FTC chairs , has seen mixed success . Buther nomination by President Biden in 2021was clearly a challenge to longstanding philosophical system that allow mega - corporations , including “ Big Tech , ” to consolidate power . She went so far as tocall them “ rabble bosses ” in a recent interview with TechCrunch .
The donor press may be misplaced , considering that Khan ’s terminus ends later on this calendar month . While she will remain in place until the next agency top dog is appointed , chances are this will extend her term by month , not years .
Meanwhile , the donors reportedly also expressed a disfavor of SEC Chairman Gary Gensler , whose term ends in June 2026 .
