The Federal Trade Commission (FTC), tasked with protecting consumers, has previously faced criticism over its “revolving door” with regulated industries. Now, it has not only relied on a handful of groups for their expertise but has pulled individuals from a network funded by the same small collection of affluent Democrat donors for crucial government positions.
It’s the latest illustration of how the Biden administration has counted on outside organizations that receive considerable funding from progressive benefactors. Soros’ Open Society Foundations, for instance, has also bankrolled an organization called Governing for Impact that works behind the scenes with the administration on policy and has boasted of implementing dozens of regulatory agenda items in its internal documents. …
Earlier this year, Khan tapped Sarah Miller, who previously led the American Economic Liberties Project (AELP), an antitrust advocacy group, as a “special adviser.” AELP’s financial backers have included Soros’ Open Society Foundations, Pierre Omidyar’s Omidyar Network and the Ford Foundation. According to tax documents and grant databases, each organization provided AELP between $200,000 and $500,000.
Miller is married to former Bernie Sanders aide Faiz Shakir, the founder of another leading antitrust advocacy organization called More Perfect Union (MPU). MPU and its affiliated advocacy arm, More Perfect Union Action, have also received hundreds of thousands in backing from the Soros, Omidyar and Ford networks.
[Isn’t the FTC supposed to work on behalf of consumers and smaller businesses? It’s usually Democrats that accuse Republicans of selling out to Wall Street and the billionaire class. In reality, it appears that Democrats are creating an oligarchy on the down-low. — Ed]
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