Two billionaire Harris donors hope she will fire FTC Chair Lina Khan

Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace Federal Trade Commission Chair Lina Khan if she becomes U.S. president, openly rejecting a pillar of President Joe Biden’s antitrust policy.

Khan has been at the forefront of the Biden administration’s push to use U.S. antitrust law to boost competition and address high prices and low wages. Khan, who oversaw the FTC’s ban on noncompete agreements, has drawn the ire of corporate groups, but won fans including Donald Trump’s running mate, JD Vance, for her skepticism towards big business.