Washington, D.C. — The American Economic Liberties Project released the following statement in response to President Biden’s announcement that he will nominate Professor Lina Khan to replace Joseph Simons at the Federal Trade Commission (FTC).

“A champion of small businesses, entrepreneurs, and working people, Professor Lina Khan is an extraordinary choice for the Federal Trade Commission,” said Sarah Miller, Executive Director of the American Economic Liberties Project. “Professor Khan is recognized internationally for her groundbreaking legal scholarship, her ability to work across the aisle, and her extensive policy expertise. At the FTC, Professor Khan will be critical for guiding the agency out of decades of severe institutional failure.”

“However, she cannot do it alone. President Biden must replace FTC Commissioner Rohit Chopra and staff the Department of Justice’s Antitrust Division with antimonopoly champions whose track records demonstrate they are similarly committed to enforcing the rule of law.” said Miller.

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Economic Liberties works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.