In a shocking turn of events, Democratic donors are reportedly pressuring Vice President Kamala Harris to fire Federal Trade Commission (FTC) Chair Lina Khan, who recently filed a lawsuit against MGM Resorts International. The lawsuit, which accuses the casino giant of engaging in anti-competitive practices, has sent shockwaves through the political and business communities, leading some influential donors to call for Khan’s removal.
According to sources familiar with the situation, a group of high-profile Democratic donors has expressed concerns about Khan’s handling of the FTC’s case against MGM. They believe that her actions could have serious implications for the party’s relationship with the gaming industry, which has traditionally been a source of significant financial support for Democratic candidates.
“Khan’s decision to sue MGM has put the party in a tough spot,” said one donor, who spoke on condition of anonymity. “We rely on donations from the gaming industry to fund our campaigns, and this lawsuit could jeopardize those relationships. We need someone in charge of the FTC who understands the delicate balance between regulation and industry support.”
The donors are said to be particularly concerned about the timing of the lawsuit, which comes at a time when Democrats are trying to maintain control of the White House and Congress. They fear that Khan’s actions could alienate key industry players and lead to a loss of financial support for the party in the upcoming midterm elections.
In response to the pressure from donors, Vice President Harris has reportedly been in talks with senior advisors about the possibility of replacing Khan as FTC Chair. While no formal decision has been made, sources close to the Vice President say that she is considering all options and weighing the potential consequences of such a move.
For her part, Khan has defended her decision to sue MGM, arguing that the FTC has a duty to protect consumers from anti-competitive behavior. She has vowed to fight for the rights of consumers and hold companies accountable for their actions, regardless of the political implications.
The controversy surrounding Khan’s lawsuit against MGM is just the latest in a series of challenges facing the FTC Chair. Since taking office earlier this year, she has made a name for herself as a fierce advocate for antitrust enforcement and has taken on powerful corporations in industries ranging from tech to healthcare.
As the debate over Khan’s future at the FTC continues to unfold, one thing is clear: the stakes are high for both the party and the industry. The outcome of this battle could have far-reaching implications for the political landscape and the future of antitrust regulation in the United States.
