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When the White House chief of staff, Jeffrey Zients, met with dozens of top executives in Washington this month, he encountered a familiar list of corporate complaints about President Biden.
U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions.
One March night in the nation’s capital, Senator J.D. Vance, Republican of Ohio, left a conservative gala to join a group having dinner with Donald Trump Jr.
WASHINGTON — A bipartisan group of influential senators is calling on the Biden administration to investigate Formula 1 over its decision to reject Andretti Global from racing on the grid in the coming years, suggesting the sport may be violating American antitrust lawas it grows its U.S. fanbase.
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WASHINGTON (AP) — ABC’s “This Week” — Sen. Tom Cotton, R-Ark.; Mayor Eric Adams of New York; Lina Khan, chair of the Federal Trade Commission.
WASHINGTON (AP) — Federal regulators are challenging patents on 20 brand name drugs, including the blockbuster weight-loss injection Ozempic, in the latest action by the Biden administration targeting industry practices that drive up pharmaceutical prices.
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