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Joe Biden - James Comer - Rebecca Picciotto - Lina Khan - Republican House panel launches probe into Biden's FTC-DOJ task force on corporate pricing - cnbc.com - Usa

Republican House panel launches probe into Biden's FTC-DOJ task force on corporate pricing

The Republican-led House Oversight Committee is launching an investigation into President Joe Biden's newly established task force on corporate-pricing practices, claiming it could be used as a "political tool," according to a letter obtained by CNBC In the letter dated Tuesday, the House Committee on Oversight and Accountability demanded that by April 30, Federal Trade Commission Chair Lina Khan turn over all FTC records related to the creation of the Strike Force on Unfair and Illegal Pricing, which Biden launched in March to address concerns related to corporate-pricing practices. "The timing of the Strike Force announcement, in an election year, raises the likelihood that political motivations rather than the interests of American consumers drove the action," House Oversight Committee Chair Rep. James Comer, R-Ky., said in the letter. "To use the FTC as a tool in a pol

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Kamala Harris - Harris Will Back Federal Ban on Price Gouging, Campaign Says - nytimes.com - Usa

Harris Will Back Federal Ban on Price Gouging, Campaign Says

Vice President Kamala Harris will call for a federal ban on corporate price gouging on groceries in a speech laying out her economic agenda on Friday, campaign officials said late Wednesday, in an effort to blame big companies for persistently high costs of American consumer staples.

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Ken Sweet - Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling - apnews.com - Washington - state Florida - New York - state Texas

Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling

NEW YORK (AP) — A Texas federal judge on Thursday accused the major banking industry groups and U.S. Chamber of Commerce of venue shopping in their lawsuit against the Consumer Financial Protection Bureau, a major win for the federal regulator.

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Daniel Marans - Sherrod Brown - Red - Why This Red-State Democrat Is Backing A Corporate Merger That Has Unions Furious - huffpost.com - Usa - state Ohio - county Liberty - state Republican - county Brown

Why This Red-State Democrat Is Backing A Corporate Merger That Has Unions Furious

Sen. Sherrod Brown has a well-deserved reputation as an economic progressive and staunch union ally, whose focus on the “dignity of work” has helped him hold his seat for three terms in the increasingly Republican state of Ohio.

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Joe Biden - Jacob Pramuk - 5 things to know before the stock market opens Friday - cnbc.com - city Powell, county Jerome - county Jerome

5 things to know before the stock market opens Friday

Here are the most important news items that investors need to start their trading day: Stocks notched a strong day ahead of Friday's jobs report. The S&P 500 notched a record close on Thursday, while the Nasdaq Composite hit a fresh high during the session. February jobs numbers, and what they mean for monetary policy, will be the market catalyst on Fr

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Prices, jobs, access to groceries: What’s at stake as the FTC tries to kill the Kroger-Albertsons merger - nbcnews.com

Prices, jobs, access to groceries: What’s at stake as the FTC tries to kill the Kroger-Albertsons merger

The Biden administration’s move Monday to try to block the $24.6 billion deal to combine Kroger and Albertsons supermarket chains came as no surprise. This White House has launched some of the most aggressive antitrust policies in living memory.

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Jim Tankersley - An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation - nytimes.com - Usa

An Emboldened F.T.C. Bolsters Biden’s Efforts to Address Inflation

An independent federal agency has become one of the most reliable executors of President Biden’s attempts to fight inflation, at a time when the White House has few weapons of its own to quickly bring down stubbornly high prices of consumer staples like groceries.

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Joe Biden - Dave Jamieson - Federal Trade Commission Sues To Stop Kroger-Albertsons Merger - huffpost.com

Federal Trade Commission Sues To Stop Kroger-Albertsons Merger

The Federal Trade Commission sued Monday to block the $25 billion merger between grocery giants Albertsons and Kroger, calling the proposed deal anti-competitive.

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