Two billionaire Democratic donors have publicly pressured Vice President Kamala Harris to replace the F.T.C. chair, Lina Khan. Wall Street insiders are worried that could backfire.
Critics immediately called the public lobbying self-interested. The F.T.C. has reportedly opened multiple investigations that involve subsidiaries of Diller’s IAC, according to CNN, and Hoffman has a seat on the board of Microsoft, whose investment in OpenAI is also under scrutiny from the F.T.C.
Edit: If she’s making enemies, she’s doing her job. They can frick right off.
Barry Diller, the chairman of IAC
Reid Hoffman, the LinkedIn co-founder
Edit: If she’s making enemies, she’s doing her job. They can frick right off.