Khan said on Twitter that the FTC was created “to safeguard fair competition and protect consumers, workers, and honest businesses from unfair and deceptive practices.” In March, she was nominated by Biden after a career in academia and government, previously serving as a counsel to the US House Judiciary Committee’s Subcommittee on Antitrust, Commercial, and Administrative Law and legal advisor to the office of FTC Commissioner Rohit Chopra. US Senator Elizabeth Warren said in a statement that Khan “brings deep knowledge and expertise to this role and will be a fearless champion for consumers.” “This form of a prophylactic ban has a long history in banking law. A core principle of banking law is the separation of banking and commerce,” Khan said. Khan will now become the youngest person to lead the commission, which has been led by acting chair Rebecca Kelly Slaughter since Biden took office. Biden has one more seat to fill on the five-person commission. “We need all hands on deck as we take on some of the biggest monopolies in the world,” US Senator Amy Klobuchar said in a statement. “Lina Khan’s deep understanding of competition policy will be vital as we strengthen antitrust enforcement, and I look forward to working with her at the FTC as we advance efforts to protect consumers.”
