CEOs wanted Biden’s top business regulator gone. They’re about to get their wish | CNN Business

Lina Khan has enraged corporate America.

She wielded one of the world’s most powerful government departments, the Federal Trade Commission, to challenge big corporate mergers and to issue new regulations intending to give workers and consumers more rights.

Business leaders, consequently, wanted her fired. And with the incoming Trump administration, they’re going to get what they wanted.

On Tuesday, President-elect Donald Trump announced he will elevate Andrew Ferguson, a current Republican commissioner on the FTC, to be the agency’s chair. Trump said he will also nominate Mark Meador, a former antitrust staffer for Utah Republican Sen. Mike Lee, as an FTC commissioner.

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