this post was submitted on 26 Feb 2024
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[–] STOMPYI@lemmy.world 28 points 2 years ago (1 children)

FTC is a captured agency with revolving door administration between what businesses they regulate and people responsible for regulation.

https://therevolvingdoorproject.org/revolving-door-project-sends-chair-khan-letter-on-ftc-ethics/#:~:text=

[–] pandapoo@sh.itjust.works 14 points 2 years ago* (last edited 2 years ago) (3 children)

You're not wrong, but the appointment of Lina Khan to head the FTC is easily one of the only good things Biden has done while in office.

So, at least she'll go down kicking and screaming before they finally snuff her out, metaphorically speaking.

[–] magikarpet@lemmy.world 14 points 2 years ago (1 children)

Honestly, i dislike his age, his stance on Israel and some other general things but overall I think Biden has accomplished a lot of good things as president.

Some examples:

  • rejoined Paris Agreement
  • rejoined WHO
  • ends federal private prison contracts
  • 130+ billion in student loan forgiveness
  • Russia sanctions
  • national registry for police fired for misconduct
  • executive order protecting travel for abortion
  • gas prices down (not all in his control but still)
  • inflation reduction act
  • Arguably the best post-pandemic economy in the world
[–] force@lemmy.world 9 points 2 years ago* (last edited 2 years ago) (1 children)

Wait he did ALL that? I had absolutely 0 idea, it's way more than I thought. Although I will add the one other thing I do know that he did:

  • took major steps to removing medical debt from credit scores, including rolling out regulations prohibiting medical debt from being included on credit reports and creating standards for property owners to not consider medical debt for potential renters
[–] WetBeardHairs@lemmy.ml 0 points 2 years ago

Bad news sells. Good news goes unnoticed.

[–] STOMPYI@lemmy.world 3 points 2 years ago

Hopefully... Biden appointed some real pussycats to the SEC who also died shit about fuck all...

[–] TheChurn@kbin.social 0 points 2 years ago

Lina Khan has been extraordinarily ineffective at the head of the FTC.

While the agency has made a lot of noise about holding big tech accountable, all they've managed to accomplish is losing court cases and setting even more precedent against the government's ability to enforce anti-monopoly legislation against these companies.

Her heart seems to be in the right place, but results matter as well.