On the recordNovember 8, 2023
Mr. Chair, I rise in support of the gentleman's amendment. I agree that it is our job. The once measured, productive, and independent FTC has, in recent years, certainly under this administration and Chairwoman Khan, turned into an agency that has disposed of tested and proven operations and rulemakings. Gone are the days of competition based on prices, products, and business innovation. Today, we have an FTC that is guided by political whims and I guess the overall notion that big has to be bad. As a result, numerous rulemakings have raised serious questions for the American people and American businesses of all sizes, which is especially true for rules developed under the FTC's unfair methods of competition standard, which this amendment prohibits, including the ill-advised noncompete rulemaking. I stand here today in support of my friend from Wisconsin's amendment in order to rein in the Biden administration's FTC by prohibiting section 5 actions and the suspension of the early termination to premerger notification filings. Mr. Chair, I thank my colleague for his thoughtful amendment, and I encourage my colleagues to support it.





