Sunday, June 23, 2024

Soros Bankrolled Groups Tied to Top Biden FTC Regulator

'... it is a well-coordinated operation funded by left-wing billionaires like George Soros, Pierre Omidyar, and Chris Hughes to push a woke social agenda...'

(Dmytro “Henry” AleksandrovHeadline USA) George Soros and other America-hating leftist billionaires gave millions of dollars to antitrust groups whose alumni now fill crucial roles at the Federal Trade Commission.

According to the Daily Caller, FTC Chair Lina Khan was a former legal director at Open Markets Institute, an organization that was backed by George Soros’ Open Society Foundations, eBay founder Pierre Omidyar’s Omidyar Network and Facebook co-founder Chris Hughes’ Economic Security Project.

These three billionaires gave at least $47 million combined to groups that aim to break up Big Tech companies, a goal that Khan aggressively pursued through lawsuits as FTC chair.

“Lina Khan likes to pretend that her crusade to rewrite antitrust law is a grassroots, David vs. Goliath movement,” Tom Hebert, director of competition and regulatory policy at Americans for Tax Reform, said.

“In reality, it is a well-coordinated operation funded by left-wing billionaires like George Soros, Pierre Omidyar, and Chris Hughes to push a woke social agenda.”

Hebert also pointed out that Khan used to work for the House Judiciary Committee, where she wrote bills “that massively empower the FTC.”

“Now, Khan runs the FTC, where staff widely view her as a tyrant and are fleeing in droves,” he said. “To fill the gap, Khan is tapping into the Soros/Omidyar/Hughes network of left-wing nonprofits to hire unpaid consultants that have a hand in agency policy.”

The Daily Caller reported that in March, Sarah Miller, former executive director of the American Economic Liberties Project, an organization Hughes helped launch through the Economic Security Project’s investments, became a special adviser to Khan at the FTC.

According to grant databases and 990 forms, in 2021, AELP received $230,000 from the Omidyar Network, $125,500 from the Economic Security Project, and $500,000 from Open Society Foundations.

“Miller’s husband Faiz Shakir, former Bernie Sanders campaign manager, replaced Miller at AELP,” Hebert added.

In February, FTC Commissioner Christine Wilson resigned because she was concerned about Khan’s “abuses of government power,” arguing that her work has torn down “the FTC’s rich bipartisan tradition.”

“My fundamental concern with her leadership of the commission pertains to her willful disregard of congressionally imposed limits on agency jurisdiction, her defiance of legal precedent, and her abuse of power to achieve desired outcomes,” Wilson wrote in a Wall Street Journal column.

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