this post was submitted on 26 Jul 2024
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Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace Federal Trade Commission Chair Lina Khan if she becomes U.S. president, openly rejecting a pillar of President Joe Biden's antitrust policy.

Khan has been at the forefront of the Biden administration's push to use U.S. antitrust law to boost competition and address high prices and low wages. Khan, who oversaw the FTC's ban on noncompete agreements, has drawn the ire of corporate groups, but won fans including Donald Trump's running mate, JD Vance, for her skepticism towards big business.

Now, big money Democratic donors this week publicly said Khan should not be part of a potential Harris administration. Diller, chairman of travel site Expedia, said in a recent Bloomberg interview that he would donate the maximum allowed to Harris' campaign. He said in an interview on CNBC on Friday that he would lobby Harris to replace Khan, saying Khan was against "almost anything" business wants to do to grow efficiently.

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[–] [email protected] 2 points 1 month ago (1 children)

If big business liked her she wouldn’t be doing her job. I saw her on Jon Stewart and she’s smart AF! I kinda gotta low key thing for her now. Should I tell my SO?

[–] [email protected] 0 points 1 month ago (1 children)

Yes. Tell your SO. It’s a celebrity crush. Many people in relationships have them. Maybe you two can even role play and get spicy. Good luck!

[–] [email protected] 1 points 1 month ago

Oh, baby! I'm almost there. Say it again. Say, "too big to fail is too big to exist," again!

[–] [email protected] 2 points 1 month ago

Amazing that we don't consider shit like this to be bribery.

[–] [email protected] 0 points 1 month ago (1 children)

And it starts. The thing we were all worried about.

[–] [email protected] 1 points 1 month ago

I'm hoping that by saying this publicly means they're being rebuffed privately and are trying to put pressure on her.

[–] [email protected] 0 points 1 month ago (1 children)

Idk anything about her but FTC has been actually doing work lately....

Like.. fuck that. But again IDK who this woman is.

[–] [email protected] 1 points 1 month ago (1 children)

She's freaking amazing, she's like half the reason I was voting for Joe Biden.

[–] [email protected] 0 points 1 month ago (1 children)

I don't know how to tell you this, but...

[–] [email protected] 1 points 1 month ago

Omg when did Biden pass?!?!?! /s

[–] [email protected] 0 points 1 month ago (1 children)

Do it. Replace her with Bernie Sanders

[–] [email protected] 1 points 1 month ago

Ngl, bad idea. She is doing amazing and an expert in her field. Bernie is already doing a good job representing his people, let him be.

[–] [email protected] 0 points 1 month ago (1 children)

Diller, chairman of travel site Expedia, said in a recent Bloomberg interview that he would donate the maximum allowed to Harris' campaign.

That's only like $3,300, right? What kind of influence does he expect with that?

[–] [email protected] 0 points 1 month ago (1 children)

There's maximum campaign donation?

[–] [email protected] 0 points 1 month ago (1 children)

For an individual person, yes. The loophole that the rich and wealthy use is to donate any monetary value above that 3k, to a PAC or super PAC.

[–] [email protected] 0 points 1 month ago (1 children)

I hear this word a lot, It's like a lobby?

[–] [email protected] 1 points 1 month ago

A PAC is a political action committee. You can only donate $3300 to a politician but if you donate 33 million to a PAC that pac can advertise, organise and campaign on the politicians behalf. Effectively sidestepping political donation laws.