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US House panel drops bid to remove FTC's antitrust authority
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US House panel drops bid to remove FTC's antitrust authority
May 25, 2025 10:19 PM

WASHINGTON (Reuters) -The House Judiciary Committee reversed course on a proposal to remove the U.S. Federal Trade Commission's antitrust authority on Wednesday, days after its Republican leadership included the measure in a budget package.

The House panel led by U.S. Representative Jim Jordan, a Republican, had included the proposal in its budget package on Monday. During a hearing on the package, Jordan offered and the committee passed an amendment that would remove the measure.

The FTC is using its antitrust authority to pursue a Big Tech crackdown supported by President Donald Trump and Vice President JD Vance, including potential probes into whether online platforms have broken the law in limiting conservatives' speech.

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