On the recordSeptember 29, 2022
I thank the gentleman for yielding me time. Mr. Speaker, 5 minutes is not enough to go through each and every item that is wrong with this bill, so I am going to try to summarize, and some of it may be redundant. The authors of this bill are the authors of at least three bills. They are the authors of very different bills, and, ultimately, we should be having a vote on three or more bills, as we did in committee. You might ask, well, why aren't we? Usually, I don't want to talk about procedure, but there is a reason. They are trying to cram this thing and get a few more votes by putting a bill that is not objectionable with bills that are very objectionable. A bill that doesn't grab more power with one that empowers two agencies that are under review for good cause. One of them has been trying to seize this very power. As we speak, the Federal Trade Commission has done virtually nothing to protect consumers in the areas it has jurisdiction on. They constantly say we don't have enough money for the job we already have. But they want to be able to control both before, during, and after mergers and acquisitions. They actually want to be able to and are trying to undo mergers that already have occurred. So yes, there is an agency that is power hungry. Predominantly, my friends on the other side of the aisle want to give them money.…





