'Biden taps another Big Tech trustbuster'
President Joe Biden has decided to nominate Lina Khan, a Columbia University legal scholar championed by anti-Big Tech activists, to the Federal Trade Commission.
Along with the recent hiring of Tim Wu as an economic adviser inside the White House — also first reported in Playbook — the addition of Khan signals that Biden is poised to pursue an aggressive regulatory agenda when it comes to Amazon, Google, Facebook and other tech giants.
An FBI agent this week was making calls to Khan’s associates for her background check, the final part of the vetting process before a major administration job is officially announced. Sources confirmed Khan is headed to the FTC if she survives Senate confirmation.
The addition of Khan and Wu represents a massive shift in philosophy away from the era of Barack Obama, who proudly forged an alliance between the Democratic Party and Big Tech.
At the end of the 2008 presidential campaign, a top Obama adviser marveled that Google’s Eric Schmidt, then the company’s CEO, had worked so closely with the Obama campaign on its tech infrastructure that the work and advice should have been considered a massive in-kind donation. In office the Obama White House and Silicon Valley had a symbiotic relationship.
The ascendance of Khan and Wu, two of the most important intellectuals in the recent progressive antitrust revival, signals a break with that past and hints that Biden is sympathetic to the left’s view that Obama’s laissez-faire policies helped engender the populist backlash that ended with Donald Trump's election.
Adding Khan to the FTC, a move that will likely be greeted with alarm by the tech industry, also suggests that the White House is already laying the groundwork for a second act that will include a big regulatory push once its early legislative agenda runs its course.