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From @WSJopinion: Lina Khan’s FTC trashed an oil executive on dubious evidence. Unchecked regulatory power—amplified and celebrated by a compliant media—inevitably becomes abusive. https://t.co/Z0mbUgaKuy
From @WSJopinion: The FDIC’s assault on fintechs is part of an alarming trend from the Biden administration. Government agencies are granting themselves sweeping discretionary powers in constitutionally dubious ways, writes Jeb Hensarling. https://t.co/kGILlbRi5X
The FTC Smears Scott Sheffield - WSJ Lina Khan’s agency trashes an oil executive on dubious evidence.
Lina Khan's Federal Trade Commission (FTC) has been criticized for allegedly smearing oil executive Scott Sheffield based on dubious evidence. Multiple sources, including Wall Street Journal opinion pieces, have accused the FTC under Khan's leadership of using unchecked regulatory power to unfairly target Sheffield, suggesting an abuse of power and a departure from ethical regulatory practices. The case has been described as a 'nasty smear' and a 'new low' for the Khan FTC.