{"id":1920858,"date":"2023-04-28T13:19:18","date_gmt":"2023-04-28T17:19:18","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rep-womack-to-khan-i-cant-support-massive-increase-for-ftc\/"},"modified":"2023-04-28T13:19:18","modified_gmt":"2023-04-28T17:19:18","slug":"rep-womack-to-khan-i-cant-support-massive-increase-for-ftc","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rep-womack-to-khan-i-cant-support-massive-increase-for-ftc\/","title":{"rendered":"Rep. Womack to Khan: \u2018I Can\u2019t Support Massive Increase for FTC\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frep-womack-to-khan-i-cant-support-massive-increase-for-ftc%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1920858&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"post_content\">\n<div class=\"aplayer_app\" data-source=\"https:\/\/vs1.youmaker.com\/assets\/2023\/0428\/b1b407e6-8776-41cc-a3a2-d353930779b9\/audio.mp3?length=2584269&#038;duration=215\"><\/div>\n<\/p>\n<p><span style=\"font-weight: 400;\">In the midst of ongoing debates over federal spending, Rep. Steve Womack voiced his opposition to a proposed budget increase for the Federal Trade Commission (FTC). During Thursday\u2019s House Appropriations Committee hearing, Womack raised pointed criticisms at FTC Chair Lina Khan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe FTC, with a cavalier attitude, is weighing in on areas that are outside of its authority and deciding on issues through subjective means,\u201d he said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cCongress is locked in a fierce debate regarding the fiscal trajectory of our nation,\u201d Womack added. \u201cRequests of this magnitude must be explained and justified thoroughly.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The FTC is requesting an additional $160 million over last year\u2019s enacted levels, a roughly 37 percent increase for an independent agency that \u201chas seen yearly increases,\u201d according to Womack. He expressed concerns over the FTC\u2019s recent track record and its involvement in issues outside of its authority.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cMoving beyond the objective to the subjective is discouraging to all kinds of business activity,\u201d he said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Womack\u2019s statement drew a sharp response from the FTC\u2019s Khan, who defended the agency\u2019s work and emphasized the need for additional resources.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe FTC is small but mighty \u2026 taking on some of the most powerful corporations in our economy,\u201d Khan said. \u201cWe are making this request because Congress has given the FTC a critical job, but our resources have not kept up.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Khan pointed to the FTC\u2019s record of pursuing illegal mergers and anti-competitive practices, as well as the agency\u2019s success in securing record monetary judgments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe commission is also using all of its authorities provided by Congress to tackle illegal mergers and anti-competitive practices,\u201d Khan said. \u201cAdditional resources would allow us to expand the critical work that the FTC staff is doing.\u201d<\/span><\/p>\n<figure id=\"attachment_3861283\" style=\"width: 524px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2021\/06\/16\/Lina-Khan.jpg\"><figcaption class=\"wp-caption-text\"><noscript><\/noscript><\/figcaption><\/a> FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce on Capitol Hill in Washington on April 21, 2021. (Graeme Jennings\/Pool\/Reuters)<\/figure>\n<p><span style=\"font-weight: 400;\">The agency has <\/span><a href=\"https:\/\/www.ftc.gov\/news-events\/news\/press-releases\/2022\/12\/ftc-seeks-block-microsoft-corps-acquisition-activision-blizzard-inc\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">attempted<\/span><\/a><span style=\"font-weight: 400;\"> to block a planned acquisition of gaming behemoth Activision by tech giant Microsoft, arguing it would reduce competition in the video game industry. Regulators in the U.K. have also placed <\/span><a href=\"https:\/\/www.gov.uk\/government\/news\/microsoft-activision-deal-prevented-to-protect-innovation-and-choice-in-cloud-gaming\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">obstacles<\/span><\/a><span style=\"font-weight: 400;\"> upon the would-be merger earlier this week.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite Khan\u2019s arguments, Womack remained steadfast in his opposition to the budget increase.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cI can\u2019t support a massive increase for the FTC budget, especially given the Commission\u2019s recent track record and given the nation\u2019s current fiscal outlook,\u201d Womack said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The debate over the FTC\u2019s budget comes as part of a broader conversation around federal spending and government priorities. Some lawmakers have argued that spending must be reined in to address the growing national debt,<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the midst of ongoing debates over federal spending, Rep. Steve Womack voiced his opposition to a proposed budget increase for the Federal Trade Commission (FTC). During Thursday\u2019s House Appropriations Committee hearing, Womack raised pointed criticisms at FTC Chair Lina Khan. \u201cThe FTC, with a cavalier attitude, is weighing in on areas that are outside<\/p>\n","protected":false},"author":602,"featured_media":1920859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[7156,3680,6945,5476,20668,5908,7129,3723,25370],"class_list":["post-1920858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-i","tag-cant","tag-ftc","tag-increase","tag-khan","tag-massive","tag-rep","tag-support","tag-womack"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1920858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/602"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1920858"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1920858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1920859"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1920858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1920858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1920858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}