On the recordMarch 7, 2024
I am pleased to join Senator Klobuchar on the floor today. Senator Klobuchar is the chair of the Subcommittee on Competition Policy, Antitrust, and Consumer Rights of the Senate Committee on the Judiciary. I chair the Commerce, Justice, and Science Appropriations Subcommittee, and we are here to do a colloquy about the work of the Department of Justice's Antitrust Division and its funding. First of all, I would like to thank my friend from Minnesota for her tireless work to strengthen competition policy and protect consumers. In particular, I want to commend her for her leadership on the Merger Fee Modernization Act, her bipartisan bill that was signed into law at the end of 2022. That bill modernized the merger fee filing structure for the first time in decades, resulting in more funding for the antitrust enforcers at the Justice Department. Today, we are considering fiscal year 2024 funding for the CJS bill as part of the six-bill minibus that is before the Senate. I can state with certainty that as a direct result of Senator Klobuchar's leadership, the bipartisan, bicameral appropriations package that the Senate is considering provides the highest ever appropriation for the Antitrust Division in the Agency's 121-year history. The Antitrust Division plays a vital role in promoting competition and cracking down on monopolistic practices that hurt U.S. consumers.…
