There’s a battle over the future of corporate power undergirding the presidential election, and it’s not clear where Democratic presidential nominee Kamala Harris stands.
Billionaire Democratic donors, like LinkedIn co-founder Reid Hoffman, have called on Harris to dump Federal Trade Commission Chair Lina Khan, the President Joe Biden appointee who has taken on an aggressive antitrust enforcement strategy using long-disregarded federal laws to block monopoly power and regulate corporate mergers.
Whether Harris diverges from Biden on economic policy is a “question we’re all trying to figure out,” one Biden adviser told NOTUS, granted anonymity to speak freely, adding that as vice president, Harris largely hasn’t had to flesh out her policy positioning on corporate regulation and Biden’s antitrust agenda.