we have the ftc to do something about it.here are different ways to measure success of the government agency like the ftc you can have a number of shots it's taken or how high it same to come you can look at his record in court and legal significance of theed winds. you can look at the material impact they have had the tangible benefits the people and concrete ways the light could be better. what's truly been humbling and astonishing about the ftc's work is that by all of the centers, it's off the charts. by sheer volume of output the ftc has issued a record number of rules, the latest in a record number of cases, conducted numerous market studies, looking at everything from infant formula storage to the practice of pharmacy benefit managers commit to investments partnerships and a.i. we've used all of their advocacy tools filing briefs with horse commit leaders to federal agencies, had offering expertise to state legislatures predict with one big victory in court, since 2021 from the ftc has a 43 mergers abandoned in light o

prior to joining ftc ms. khan served as council in subcommittee on antitrust commercial and administrative law. she was also an associate professor at colombia law school. ms. khan is a graduate of williams college and yale law school. please join me in welcoming ftc lina khan a very warm welcome. [applause] were thank you so much, camile forfo the kind intersection. thank you so much for brookings and the government studies program for hosting us this afternoon and thanks so much to you all for being here. brookings has been shaping and sharpening u.s. policy for over a century and i so appreciate inviting me here today about conversation about the federal trade commission. i'mly grateful for joe bear, as former director of the ftc's bureau of competition as well as former assistant attorney general for antitrust at the justice department. bill is truly in a league of his own when it comes to institutional knowledge and it's been a real pleasure to get to benefit from his council in the last few years. it's

nominees to had the doj and ftc also show these concerns. congress can have a constructive role in addressing big tech monopolies. it can pass procompetitive mid- legislation like the america act or american innovation and choice online act, such legislation could've passed in 2022, but for $250 million that was spent by big tech lobbyists to block such measures from even coming to the floor after super majority votes out of committee. it also could hold hearings a potential big tech remedies in the pending litigation, and the unethical manner in which they have defended their monopoly abuse. on mergers, the incoming administration will challenge incoming horizontal and vertical mergers. that approach was taken in the first trump administration and an even greater extent in the biden administration. what likely will change is reversal of the general skepticism towards mergers and acquisitions. consent decrees were strongly disfavored in the biden administration, the reasoning was it is simple injunctions are easier to enforce than complex se

saying the ftc interpretation can influence how courts look at that. so we have a productive relationship. we had state a.g.'s join our lawsuit taking on illegal schemes by these pesticide manufacturers, we had a bipartisan coalition investigating amazon monopolization. and even as we go about our investigations, we make sure we engage to say this is happening very locally for you all, should we have some type of information-sharing agreement. yesterday we announced an enforcement action against handy in partnership with the new york a.g. and you are right, especially the last few years we have seen a lot of bipartisan focus, major lawsuits, bipartisan lawsuits taking on practices by google and ears. i think it has been very productive as we get more court rulings explain how these century-old statutes apply. bill: this was not just a blue state cooperation process. a lot of red state attorneys general were involved. how do you account for that? chair khan: i think this is a striking moment where there's been this bipartisan concern about what happens

the district court of florida said the ftc.ow appealing that. i think we're right on the law. i think we have a duty to the american people to eliminate non-competes if we think they're violating the law, and thousands of non-competes have already been dropped for workers because of the ftc's efforts. >> you've been in this well enough for years. you've learned a lot, i hope you've learned a lot. what would you have done differently, given what you know now? and given that you've became a symbol to a large degree for many industries, which by the way, turned out to ultimately vote for president trump interestingly. whether you think about that, whether you think that that matters. whether you think about the long term viability. you talk about back sliding court cases today that may get undone later. i assume you would have wanted, even though you don't think you're political, you would have wanted vice president harris to have won or president biden to have won. when you think about the long term nature of this, what would you

to offer some thoughts of how we can create registry and incentivize whistleblowers and assist the ftcis challenging task. >> i get that you do a lot of good on your show. i understand you give a lot of great information and you do it in a way that's understandable, you're talented and polite, trained in science -based medicine. his three statements you made on your show. this being has -- i got the number one miracle in the bottle to burn fat raspberry ketones. it may be the simple solution you've been looking for to crash your body fat for good. i don't get why you need to say this because you know it's not true so why, when you have this amazing megaphone and ability to mitigate, why would you keep in your show by saying things like that? >> if i could disagree whether they work or not, i'll move on to the words i've used. green coffee extract, i'm not going to argue if it was a pharmaceutical drug approval but among natural products out there, there was several clinical trials in the big one in 2012 -- >> the only one i know was 16 people in india paid for the company that was -- a

one of the reasons the cftc and ftc and the u.s. markets is so important is dollar hedgemony and we need to protect that. on the other hand, part of protecting that status is allowing for innovation and another part is protecting the integrity of the market. another former boss of mine, senator dodge, chris dodge, says, i don't believe nobody has lost sleep thinking that our markets are not guarded and the financial crisis rattled that and one of the reasons we needed to come back strong with dodd-frank to reassure the world that our markets were in fact, most protected while allowing for that innovation. how did you handle that balance? what did you learn from your time and what do you think the future of regulation should be as the clip of invasion innovation seems to be on a curve? >> i couldn't agree more with senator dodd and i think that's right, that the u.s. markets are the most liquid, transparent, deepest and desired in the world because of regulation. and there's always going to be issue around the margins of what's right

la comisión federal de comercio ftc estableció una regla que prohíbe las reseñas falsas.rsona. la ftc también requiere que los influencers en las redes sociales revelen que reciben compensación o tienen algún lazo comercial o familiar con el producto o compañía cuando promueven un producto. por último, esté atento si está en un mercado en línea que lo redirige a otro vendedor fuera de ese sitio web. muchos de esos vendedores son independientes y que no tienen que garantizar sus productos o servicios. por eso es importante siempre tener precaución y leer todo cuidadosamente. importantes recomendaciones. nos vamos a ir a una pausa, pero al regresar vamos a seguir obviamente monitoreando los incendios al sur del estado, ya que las autoridades siguen actualizando cómo está la situación de las estructuras afectadas y también lamentablemente, de la vida de las personas. estamos viendo también las ayudas que llegan desde otros estados y hablaremos sobre un cuádruple homicidio que ocurrió en santa rosa. estaría relacionado con una orden de cateo que se realizó en san josé. tendre

and the ftc just brought an orchestra of validation to what we've been seeing in the marketplace. mark cuban's been talking about this problem for several years, and now incoming president donald trump has been talking about this as well, both in his previous presidency and his on ramp into his next administration. so these little known intermediaries work on behalf of insurance companies with the idea that they're supposed to lower the cost of prescription drugs because a variety of conflicts of interest and a lot of lack of transparency, they actually are exacerbating a lot of the problems they were originally hired to control. >> is there any way to explain why these pharmacy benefit managers increased the prices to the extent that they did on certain medications? >> the most simple explanation is, is that employers look to pbms and government programs, look to pbms to wrangle very complicated prescription drug costs. but along the way, pbms started getting paid by drug companies, resulting in a conflict of interest that allowed them to actually inflate costs of medicines. then

to offer some thoughts of how we can create registry and incentivize whistleblowers and assist the ftcthis challenging task. >> i get that you do a lot of good on your show. i understand you give a lot of great information and you do it in a way that's understandable, you're talented and polite, trained in science -based medicine. his three statements you made on your show. this being has -- i got the number one miracle in the bottle to burn fat raspberry ketones. it may be the simple solution you've been looking for to crash your body fat for good. i don't get why you need to say this because you know it's not true so why, when you have this amazing megaphone and ability to mitigate, why would you keep in your show by saying things like that? >> if i could disagree whether they work or not, i'll move on to the words i've used. green coffee extract, i'm not going to argue if it was a pharmaceutical drug approval but among natural products out there, there was several clinical trials in the big one in 2012 -- >> the only one i know was 16 people in india paid for the company that was --

obviously google is there bigger competitive in google is being sued by the ftc. it is political and i know you have been focused on this. think of these tech ceos who have individually donated to the trump inauguration fund, done it individually, $1 million. the list goes on and the companies are doing it. they want to take pressure off from the regulators. they want to have this situation where they are deemed to be on the right side of this. i want to make one last point. there is so much hypocrisy in this. meta has 3.3 billion monthly active users. that's one third of the people on the planet. over one third are in india. india is a backsliding democracy. india sensors their news and internet. what is mark zuckerberg going to do in the largest populace geography they have? free speech here which is disinformation if you think of the way a lot of politicians use it. how elon musk used twitter and trump used truth social during this last election. we will see this stuff, we will see the hypocrisy of all of this is a place out in different parts of the world rela

and when i say make payments ftc can't make them pay in some areas now. at the amg case but that's a different panel discussion maybe we'll have some day so harm based remedies and again, i mention the information problem. they're not ideal because we have to end privacy that's difficult. but i think given the problems of turning a transaction cost swap the information benefits so, i mean, i'm happy having a third party estimate the -- the remedies here. so what are we get with that maybe we get competition where we see unraveling where firms then compete. to say okay -- you know, and we see a little bit of this. i've done you know this is one with my research has been kind of interesting is to what extent do we see it over privacy and i don't know if that can work in a regime where consumers have to fight and you have to bargain from them instead i can sort of differentiate myself and we see this with apple and the google ecosystem and duck duck go and google where we see i'm going to offer a different set of promises with use and collection and you're g

why would paychex want to eliminate the ftc.is ftc would love this. >> it might be a hallmark. of the next four years jim. the incoming president saying the story is wrong. that's a dynamic right out of 2017, isn't it? >> we're waiting for greg hayes, the retired ceo of united technologies talking about when he was born. it wasn't midnight, but he wasn't born yesterday. i see a piece that is very much in favor of governing right in. barclays talking about aerospace against defense. now defense is something i'm waiting for the president-elect to talk about because they recommend boeing, which is very interesting. they haven't recommended boeing in a long time. >> the 2-2-10. >> the cost of defense is something i think the president- elect is going to turn to. because i think that's another one in the valley of musk. i think we have to talk about musk even more than we do. there are many musks. there's musk on starlink. now we have a deal with musk and starlink and the italian government. we have a link when it comes to wi-fi. whe

obviously google is their biggest competitor relating to that and google is being sued by the ftc and the like. this is clearly political and i know you've been really focused on this. think about all these tech ceos who have individually donated to the trump inauguration fund. they've done it individually $1 million. tim cook did that, mark zuckerberg, and their companies are also doing it. they want to take some pressure off from the regulators and continue to have this sort of situation where they're deemed to be on the right side of this. this is really important. there's so much hypocrisy in this, okay? meta has 3.3 billion monthly active users. that's a third of the people on the planet. over a third of those people are in india. india is a back sliding democracy. india censors their news and their internet. what is mark zuckerberg going to do in the largest populous geography they have? this is really free speech if you think how a lot of politicians use this, thinking of how elon musk used twitter and trump using truth social during his last election. i think we'll see the hyp

he wants the ftc case against his company to go away. and i think everything he's doing should be viewed through that lens. yeah. >> sara, how do you see it and what do you think it means for people, you know, working at the company? what does it signal to the people working at meta? >> i completely agree with brian. this is an attempt to get on the good side of donald trump and to get ahead of any regulatory threats and sort of societal reputation threats for the next four years for employees. i think this is a little bit shocking. you know, a lot of tech companies are going to donate to an inauguration. they're going to appoint prominent republicans in their dc offices. that's not really shocking, but the elimination of fact checks, which was a pretty robust program that they've been working on for many years. the elimination of all their dei programs. i think for employees, this is a sign that meta isn't just doing this for political posturing. they are actually shifting the ethos of the company. and, you know this. but tech companies

justice department looked into this and ftc and decided not to bring cases and merchan and bragg triedake this accounting law and tried to turn it into a claim that trump somehow stolen the 2016 election. while the 2024 results, i think, give a lie to that. liz: this is a real clear abuse of the justice system to go after a political rival? final word. >> yes. in fact i think if merchan goes ahead and i think trump would be entirely justified to think of ways to retaliate against new york city. for example, the justice department should investigate them for violating civil rights. liz: john yoo, you're so smart, thank you for breaking this down with us. good to have you back on. see you again soon. >> thanks, liz. >> i think his fitness to serve is proven by him serving and serving with excellence and distinction and continuing to lead the world. >> we have a very bold and vibrant president. >> you all call this the cheap fakes video and that's what they are. they're cheap fakes video. liz: this breaking news, former tv host ryan williams, he's now calling out the media and democrats f

here is ftc chair talking about why now yesterday on cnbc. >> it is true ftc has been successful in ongoingn against amazon and facebook. those companies want to come in and see if they can gets a s sweetheart deal, a settlement that let's them escape liability finding in court. of course they would want a sw sweetheart deal and i hope they will not give them that. >> steve: do you think meta wants a sweetheart deal or is this freedom of expression? >> probably a little bit of both. as a libertarian and free-market guy, big is not necessarily bad. as long as prices are reduced and consumer is getting a cheap er product is not bad and government shouldn't intervene. i don't like government talking with big tech and saying, we want you to take down this person's opinion on coved and vacses, that is censorship and google can do what they want on their own, government should not be meeting with them with fbi and others to coerce them to restrict speech. that is wrong, that is against first amendment and i have a bill that would stop it. >> steve: senator rand paul, thank you for starting your d

reportera: llegan buenas noticias, la regla final del clic para cancelar de la ftc obligarÁ que las empresassaben que se estÁ muriendo a una suspensiÓn mensual. reportera: los consumidores pueden presentar querellas si sienten que las empresas no estÁn cumpliendo. las empresas tienen hasta el 14 de mayo para hacerlas cumplir en su totalidad. ilia: la gobernadora de puerto rico le ha pedido protecciÓn a washington despuÉs de que el mandatario venezolano nicolÁs maduro sugiriera liberar a la isla con ayuda de tropas de brasil. en una carta enviada a donald trump, la gobernadora jennifer gonzÁlez afirmÓ que las declaraciones de maduro son una amenaza abierta a los estados unidos y la seguridad nacional. gonzÁlez aÑadiÓ que confÍa que washington defenderÁ a puerto rico de lo que llamÓ un narco rÉgimen liderado por un dictador. estados unidos sacÓ a cuba de la lista de paÍses patrocinadores del terrorismo. la princesa de gales anunciÓ que estÁ en la remisiÓn del cÁncer con que fue diagnosticada. en el hospital donde fue tratada, kate middleton dijo que sigue enfocada en su recuperaciÓn y alabÓ al

full insurance. >> the pharmaceutical care management association, which represents pbms, calls the ftc report baseless and without substantiating evidence. pbms have been under scrutiny in congress, but one recent proposal aimed at improving accountability failed to advance. the house passed a new bill banning transgender athletes from girls and women's sports. it's the latest move in a cultural war that's played out from the campaign trail to the volleyball court. san jose state's volleyball team was one major target for anti-trans rhetoric, as republicans across the country campaigned for a ban. both federal leaders and lgbtq activists were vocal about this new bill. >> what should be an opportunity for young women to thrive and compete has been clouded by an agenda that prioritizes so-called inclusion over fairness. >> it's, you know, disappointing continuation by these far right extremists to continue to make political pawns out of students that just want to, you know, try hard and play alongside their teammates. >> if the bill becomes law, it would apply to all federally funded sc

and also the ftc. jpmorgan is such an exciting event.g optimistic for a hopeful 2025, and i think you're going to see a lot of venture activity leading in that respect. the public biotech markets i think you're going to see more ipos come back and a lot of deal making beginning to happen with the friendlier ftc and markets that are not as afraid of inflation overhang. you're going to see a lot more activity in the biotech sector. >> in terms of vc money, john, maybe a year or two ago, it was anything that had to do with obesity would get money. how has that changed, if at all, given the performance of the publicly traded stocks, weren't as strong in 2024? >> i think you're going to continue to see investments go into the obesity space but that won't be the only space where you'll see them taking place. certainly, i think a key theme will be large market opportunities. so that's cardio met bolics, within which you have the obesity opportunities. i think the obesity opportunities people are going to be looking at going forward will be to w

we thought about what you saw during the biden administration and you had the ftc and a doj that were tough on deals. and now there is an expectation that in the trump administration, this will be a lot leaner. is there a reasonable expectation that perhaps investors are also maybe going too far here, that there will still be a clampdown in some areas given that there is still concern out there about some of the large giants across many industries? >> i guess the way i would characterize the regulatory prospect is it is going to be a reversion to the rule of law which is what we saw for decades, and in those contexts, there were still investigations and acquisitions, several remedies, and in some deals their work. so what we expect is a reversion to what we saw in prior administrations. it's not going to be wide open doors, it's going to be a review based on precedent and based on the rule of law and if there are transactions that have implications they will be a dialogue and potentially remedies that lead to resolution. sonali: 30 seconds left, biggest prediction from 2025. >> bigges

en su página de internet, la comimisión feral de comercio, ftc puntogov, te explica paso a paso lo que

. >> the ftc for number 7th may be getting ready to suee country's biggest apartment landlord.wall street journal reports the lawsuit accuses greystar of charging renters hidden fees for things like trash removal and doing background checks on tenants. the company manages over 100,000 apartments, including dozens of buildings across the bay area. >> if you want to hang out at starbucks or use their bathroom, you're going to have to buy something. the coffee chain is reversing its policy of being open to everyone. even if you haven't purchased a thing. it's part of a new code of conduct that also bans harassment, smoking, drug use, panhandling and drinking alcohol outside. starbucks implemented the no purchase necessary policy back in 2018 after two black men who hadn't purchased anything were arrested at a location in philadelphia. those arrests created a national controversy. >> amazon is ending its try before you buy program. the service allows prime members to order up to six clothing items to try on before purchasing. customers have seven days to return any unwanted items.

it helps the ftc. it might be worthwhile concern the bounty system again funded by the private sector. not looking for new laws. >> enter klobuchar? >> thank you very much german bird thank you for holding this hearing but thank you to all of you. yesterday it looked up a top-selling weight loss products on amazon. even with ftc actions against green coffee marketers, green coffee is still a product in the top 20 selling products for the rest the products are currently cgarcinia, composure related products featured on your show but alsoo highlighted as a product to scam consumers creating a website claiming to be women's health magazine. windows on your show did you talk about the side effects? and instead it has sequestered you at length about the use of this t. there were not making these claims anymore. did you talk about the side effects then? and deceptive practices can come out and change the way you conduct your show? sighip buck transcript's of different shows with each case we would have an ex

flood of mergers and acquisitions i've been telling you to expect under a trump antitrust regime the ftc taken a hard line on m & a. they are hostile to corporate consolidate. companies figured it's not worth the effort no guaranteed success. that's why when trump won in november, it became obvious we were looking at a deluge of deals. these companies couldn't even bring themselves to wait for inauguration day we have gotten a slew of merger activity monday morning, disney will combine hulu with fubo it offers a streaming content on live sports. disney is acquiring fubo 70% stake in the entity. they are snapping this up to save litigation. by the way, after the close in a bullish announcement, disney have 157 million global users streaming content with ads we talked about buying more for the trust at the 10:20 morning meeting. i'm frozen and can't buy any i like what i'm seeing the hulu deal was the appetizer. monday night through tuesday, we got several multi-billion dollar m & a transactions starting with the medical device maker stryker buying inari it is complimentary to the neurovas

government, a "see what i can do," i'll say that nicely because the other way is not sanctioned by ftcby bytedance, but it is another shanghai- based company. >> i think it's a fascinating dynamic. the assumption was that if there is no tiktok, they will move to reels. but that's not the case. they are moving to red note. i've seen people on tiktok say, they would rather write their social security number and put it on a post-it note and put it on xi jinping's head. >> there's some talk, too, that some of these people who have moved to red note. will do weekly bans. reels, what's app. et cetera. >> there is a certain sense of irony, that mark zuckerberg has cozied up. >> there's a lot of goofiness going on here. but at the end of the day, i'm not sure the app is banned. i think you can't download it. there's a host of other things. but isps would have to block it. >> it would just degrade. eventually, it will cease to work. >> yeah. the kids will use it, though. they're obsessed. >> like guy. >> you say that in jest. but meanwhile, who was thest adapter -- >> of pint arrest? >> pintere

i saw lina khan on cnbc who suggested, you know, there is an ftc suit that is going to be considerednext couple months that looks at whether facebook -- sorry meta -- is a monopoly on the social media network, and she said this is plainl mark zuckerberg trying to get a sweetheart deal from the ftc. do you see it that way? >> i think that's part of it. the move to texas not only pleases the conservative side of the aisle, to try to come across as more conservative, it's the quiet firing. if you tell -- rather than a series of bad press releases or uncomfortable all hands meetings, if you just decide you're moving your safety and security team from california to texas, you're naturally going to lose 30 to 50% of the employees, so, you know, this is -- this is, again, nothing about placating the republican party and saving money and adding shareholder value. what is so shocking -- i mean just from a personal standpoint, what's the point of having all this money if you aren't at some point going to show some fidelity as a 40 or 50 something year old man that has the wealth of the gdp of

this rigor is good against the dogmatic capture of the ftc. i don't think he was aware of what was happening. >> speaking of. >> i don't think he was aware. that's okay. >> we'll talk about nippon steel in a moment on that because there are some things on there today. just on the broader market, not to be bearish, but there are some things. >> i love a counter point. >> there are some things that are happening which might give equity bulls pause. yields are near the highs we have seen. >> come on. you know what the yields have been. let's go 5.5. >> we're not there. we're 4.5. >> we spent too much time in the '90s with the yields. >> mortgage rates are back up 7%. that's how it impacts people. >> you look at the home cycle. the cycle is rates get too high. people start cutting the price of the home. when that happens, the buyer steps aside because they say i'll buy a house and down immediately. sellers panic and cut price and buyers come in. it is distorted the past few years. >> inventory. >> and the low mortgages. that's the classic housing

trying to cover his about, wants to be in good with thehe government, is a big lawsuit in april with the ftcr -- >> jessica: that's fine but it should be noted if he does not want talk about this, there was a big facebook whistle-blower that talked about how they were monetizing the data of children that girls were having a spike in mental health issues leading toward suicide because of it, h does not want people looking into the things going on at this companinhe ty and he said apples not that innovative which is insane. >> judge jeanine: the claim that this clai m he was really a free-speech guy which i don't delieve for one second, why di he say that my said quite a while than landmarks and to showcase missouri versus biden iss now versus missouri is beig heard by the supreme court? he only started talking when he was subpoenaed by congress, this guy is an opportunist. >> jesse: i do not trust zuckerberg, even musk had a skin in thetrus game, he came out ofr free-speech when it was controversiazukeg.l, did it away before the election, now trump won, all of a sudden he is on rogan's single

biden's antitrust regulators, the ftc and justice department will be fabulous for the market.he despised every deal. no matter how great to might have been for the economy or you or the average worker. she is in the end way over her head. her swan song, a case point that raises the price of alcohol for everyone if she wins. a real asset to president biden. with him out of the way, deals will help rationalize smaller companies, banking, retail, pharma, compete against the big dogs. fantastic for the stock market. just fantastic. you know, we have had developing shortage of equities. we are not getting big ipos yet. if we do, i am confident it will still have a shrinking share cap. you remember the stock market is a market and like any other market when there is not enough supply, you get higher prices. third, what happens if trump's tariffs turn out to be negotiable? a smart non-program won't be good for world trade. if you own stocks and want them higher you hope for negotiable tariffs that cause lower prices to us or make multinational companies move their manufacturing base

look, microsoft, amazon, google, especially with khan gone at the ftc they are not going to it aroundsee big tech going after robotics in 2025. >> one more theme to talk about in the weeks and months ahead. dan, thank you. >>> as we head to a break let's give you a roadmap for the rest of the hour. a major makeover at meta eliminating its fact checking program, shift to go a model similar to elon musk's x platform and also adding a surprising new board member. >>> plus could adding cryptos to your 401(k) plan help boost your returns? new strategies that employees might take to maximize their retirement plans this year. >>> and the ceo of u.s. steel joins us after filing the lawsuit against the government and cleveland clifts. big show ahead. "squawk on the street" will be right back after a quick break. nors (traffic noises) . (♪♪) . . the road to opportunity. is often the road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. z's ba

and we're optimistic that trump, doj, and ftc will be more productive.he fact that walmart bought visio, which is linking television ads to purchases. we think roku is in a good spot with its 85 million homes of installed base. and it's sort of apple-like system, where it takes a fee on every programming app on its devices to benefit from consolidation. as well as, you know, accelerating growth in smart tvs. >> i know we gotta go. but you cover warner brothers. what do they do now? >> you know, i think it's problematic. i see a consolidation between the linear network. i think linear tv. i think it will hasten the demise. and warner brothers is heavily dependent on linear. >> leave it on that fine note. laura martin of needham. >>> coming up, tesla has been having a bumpy ride since christmas. and down back to back for the first time since august. saying the execution risk is high. the alt anysis back. "the exchange" is back after this. if it's covid, paxlovid. paxlovid is an oral treatment for adults... with mild-to- moderate covid-19 and a high-risk fa

you know my view of the ftc. seventh question. for the consumers are they getting tapped out?have been asking for two of the three years now, right? and the answer has proven to be a resounding no. so worth asking again now that consumers are demanding value these days. we will get the first clues the next week and a half when dozens of consumer disagenciary companies presented icr conference in orlando. we get preannouncements there and see how the holiday season went. that fantastic conference, i enjoy it. got a lot of behind-the-scenes news. technology. can the a.i. investment boom continue? we are doing a whole section on tech questions after the break. but this is become a huge theme. we got encouraging -- when brad smith president of microsoft said in a blog post that they will be investing a cullel ool $80 billion to data centers this year. i say nvidia. question nine. can the utilities meet our nation's increased need for power? i am not sure. up 19.5% last year thanks to ridiculous demand for electricity. i think they deserve to work but they can't keep running them u

department that have made every day life easier from getting hearing aids over the counter to the ftc'ss that if you sign up for something like a gym membership or a newspaper subscription it ought to be just as easy to cancel. what do all these things have in common? here's how i think about it. three things. one, recognizing the scale of the problems that face the country. two, recognizing that government, not always big government but the right kind of government can be a solution if used in the right way. and then three, not being afraid to actually bring those tools to bear in a big way. and that's certainly what happened in the infrastructure space. when we got here, the president was confronted with some of the most enormous and multiplied problems ever to hit our transportation system. it's almost easy to forget just how dramatic it was. like right now we're focused on getting the airlines to treat passengers better. back then it was making sure the airline sector did not completely go out of business in this country. so it was recognizing that set of problems. using government

. >> that might be the only place where there's still questions about how the ftc agenda might be.be antibig tech? >> anything is possible, but i don't think it's possible that we have a less robust m&a market. i think there's certainly going to be more over the next four years. >> we've got a bunch of deals announced already. a lot of them are mall, but it feels like there's a lot of chatter and maybe companies trying to get ahead. because once any industry starts having a couple of mergers, then everybody else has to react. >> yeah, and i think we're going to see that. i think it's going to be a good four years for bankers. >> exactly. by the way, shares of piper sandler, you saw them up 60 some percent. >> citigroup trying to sell themselves. >> the banker has got to eat, too. all right, we're going to get a quick check of the markets because we continue to go lower on big tech. i mean, the dow not getting hit at all, but, again, that's kind of like a headline index, like we talked about. we're seeing big tech, the nasdaq down 1.5%, yields also the story. and rick santelli is in

i wonder what 2025 looks like because you're getting rid of lena kahn at the ftc and putting in busydly people there. >> they're putting in a whole new division. maria: there you go. stay with us. you're watching "mornings with maria" live on fox business. [sofi mnemonic] can a personal loan unlock your ambitions? oh yeah. borrow up to a hundred thousand dollars to consolidate bad debt and save money for your next goal. take a swing at your kitchen reno... meant that literally. or design your actual dream wedding. consolidate bad debt and fund all your ambitions with a sofi personal loan. go to sofi.com to view your rate. sofi. get your money right. (luke) that's why we do it, marci. (marci) gathering the most in-depth info, creating a better way for people to... (luke) ...people to find the perfect home to build their lives. (marci) are you okay? (luke) no, it's... it's the dust-based allergy. (vo) homes-dot-com. we've done your home work. (♪) at enterprise mobility, our experts always see another road. because when there's no limit to how far mobility can go, there's no limit to ho

colleagues will sit down with the first on cnbc interview with the ftc commissioner lina khan as shes to leave the post. >>> chinese competition is a good thing according to samsung electronics vice chairman and ceo who has been speaking exclusively to our very own chery kang. he is optimistic despite risks from the new u.s. administration. >> translator: we compete with china a lot. it's more helpful for us who have a lot of competitors. from a consumer point of view, they can get better products and better serving products so i think we need competition. in terms of what sets us apart from the products, when the internet started, our promise was the future home was a smart home. what goes above that is anything, security related technologies that improved a lot. we are getting security related approvals and appliance security. basis is it's safe to use. also, it's not just samsung products connected. it's through various themes. it is not like i'm browsing wifi and connecting with my password. it automatically connects you once you connect to the smart things. it is technology call

so maybe the optimism around the administration, different ftc, tax cuts, and a friendlier environment around business, not to mention the fact of what dan said, you are already inheriting what is a strong economy. now you are going to gas it further. so maybe all that offsets whatever the concerns are around tariffs, and rate changes that have happened and the fed's slower pace forward. >> i think that is the reality, right? markets really ramped up after the election and then they come back down because inflation rates come into focus. but the story of deregulation and taxes has not gone away. i think at this point, we have to pass the election and we know who is going to be in office but we haven't gotten to inauguration day so markets are trying to price in what was spoken of in the campaign trail, and not what actually happened. i think that's what markets are waiting for. i think there are still inflationary forces and you want to be prepared for that as an investor but there are pro business forces and the question is can they weigh each other out. is the deregulation and lower

>> steve: officials warning of mass bank fraud scams after 2 million incidents were reported to the ftc life savings in some cases costing people $4 billion. the cyber tax hitting consumers on credit cards, payment apps, banks, even gift cards. so, is there a way to uncompromise your data? keep it safe? get it off the internet? kurt the cyberguy joins us right now for "tech tuesday." kurt, this is a very big problem. and if you could make it easy, so that people can essentially make their phones bullet-proof, what would you tell them to do? >> it's real hard to make them bullet proof -- good morning to you, steve. they are getting so good at scamming all of us, even super smart people i know get scammed, you got a woman in virginia lost $700,000 transferring out of her wells fargo account. another person 100 grand. it's a scam call that comes. in it's an email or a text. it sounds so legit. it's so believable. but i have to just bring it back to this. if somebody, whether they called you, texted you, reached out on social media, i don't care how they reached you, if they are asking you

the fda will approve more drugs, ftc will approve more deals. they will use cash to buy biotech companies at record low valuations. >> do you agree the rfk fear within healthcare will be sort of resolved soon as perhaps they realize that he, i don't know, maybe is more bark than it is bite? >> no, no, i actually think that having rfk come on as the health czar might actually be good. we'll see a lot of things maybe remade. there are cereals in this country that aren't allowed in other countries because of what we put in here in this country and he's trying to fight against that to make them healthier. i think we saw big fl names in healthcare come off on the original rfk move. but i think we'll see it bounce back in some of the biggest healthcare names. >> i loved having you both. great to have you, thomas, here in studio and kenny always great to see you there down in florida, i suppose. markets opened the week mostly higher, nvidia hitting aball time high and a massive winter storm has nat gas up more than 10%. all right. live streamer, fubu t

should watch, you know, speaking of the new administration, there will be changes to the s.e.c., the ftcd doj without question, the leadership will change and there will be a new agenda. and i think that will bode well for the big tech companies, the tech industry in general, whether that's public or private. because we'll see a loosening of regulation around things like a.i. i think we'll see a little bit of loosening around the impact of the scrutiny that is supplied toward big tech, when they look toward acquisitions. we'll now see a shift with this new administration away from trying to break these companies up and just trying to, you know, make sure that there is more behavioral changes. so that's good. we'll see more m&a, which also, again, back to funding innovation, capital will return as a result of m&a activity as well. all these factors will lay well, i believe, for the next four years with this new administration. the changes they'll make. loosening cryptocurrency. i think this is going to bode really well for people interested in the technology sector and things that are inf

another aspect of this something that's been underdiscussed is the ftc is bringing meta to court in aprilhat's accusing them of running an illegal monopoly and illegally purchasing instagram and whatsapp. that'll be devastating to their bottom line and you have tic talk encroaching on their market shares. this is in my opinion a blatant self-interest move on zuckerberg's part and under the guise of free expression. they present these self-interested acts under the guise of these constitutional high minded ideals, which in reality as joe kaplan were saying trump is now a bastion of free expression. he's threatening to jail journalists, he calling people who disagree with him the enemy within. he's levying defamation lawsuits left and right. he's now some bastion of freedom of expression and the first amendment. and the fact he said that, it's just trying to provide a cover for his self-interested moves. meta is in the number one priority and what's in the best interest of meta is what zuckerberg will do, no high-minded principles. >> thank you for joining us for this important conversation

he has an ftc case to worry about. he has all different issues.sers? you've got millions and millions of women who are using facebook, using instagram every day, socially they are using it for their businesses, and now we are in a position that we are facing less and less protections. mark zuckerberg wake up and have the users on his platform say i'm not okay with this, or are we are not going to because we don't have anywhere else to go? >> that is the catch-22 of these large social media platforms. people don't want to leave because they have already built up a degree of following, and there is a superhighway for communication. in four years when there is a new administration, who knows, he might find religion about this. but right now this is obviously announced on january 7th. it seems like it is sort of falling in line with the trump administration's prerogatives. is it a result of a brush back pitch? did it all those threats have the effect of having him change his policy? is the sort of trying to curry favor with the incoming administration

the wall street journal reports the ftc is accusing greystar of charging renters hidden fees for thingstrash removal and doing background checks on the tenants. this is just the latest attempt to hold major landlords accountable. california recently joined a list of states suing major property companies for using algorithms to set rents and sharing exclusive information with each other, boosting their profits. and now we take a live look at the new york stock exchange. as trading gets underway this morning, you can see that we're up about 151 points. >> three day passes to bottle rock go on sale this morning. just yesterday we learned bay area punk rock band green day, justin timberlake and noel kahn will be headlining the festival. ice cube, flo-rida and actress kate hudson are among the other 78 acts set to appear. bottlerock runs may 23rd to the 25th. here's a cost breakdown for general admission. one day passes that's $233. three day pass 456 for vip. single day passes are $598. three day passes. don't even worry about that because they're sold out. layaway plan starts at $100 for t

supportive of consumers rather than big business, you can decide where you fall on the issue but under the ftc rules, trying to protect consumers that even brought an antitrust case that will go to trial against facebook's company, meta, well the president-elect could very soon help dial up or down the pressure. facebook was also often the top target of an old playbook, which has been updated for the tech era which is why some of this sounds so familiar. complain everything is unfair to your side whether it's the big meda or big tech and then threaten everyone about it until eventually the perception of these problems can start to become treated as a reality. so even though say it was a standard set of anti-violence policies that got trump booted off facebook after january 6th, like any other person who would have done what he did, that was cited by many of his allies as something wrong with facebook, not something wrong with all of the efforts to foment an insurrection. now, mark zuckerberg as part of a company and a company can run its business how they choose within the long. but this is ve

they feel the new administration, especially with the ftc, is going to be much looser.e seeing the m&a market really heat up. we had a couple of companies sold tocompanies, even so far this year and it is the first week of january. there is a huge m&a pipeline either from large companies trying to acquire smaller companies in areas like vertical sass or folks trying to play in the a.i. game. >> when are we going to see, i ask every venture capitalist who comes on, because there has been all this pent-up demand, when are we going to see more ipos? wait longer than we thought? >> i don't think so. i don't think so. we talked about earlier this year, hey, we got to get through the audit season. this is always a dead time for ipos. you have to get your audit done, update numbers and be ready to go out. we're 60 days away from seeing that machine turn on, a lot of companies filed confidentially, even some companies with great financial metrics and even some a.i. pixy dust like core weave, a great company this year. some of the companies like stripe and data bricks might be s

. >> the pharmaceutical care management association, which represents pbms, calls the ftc's report baselesshout substantiating evidence. pbms have been under scrutiny in congress, but one recent proposal aimed at improving accountability failed to advanc. to keep the parklets or to let them go. those outdoor dining extensions for restaurants that were all the rage in early in the pandemic are now fueling some rage in bay area cities. coming up at 530, the battle live frustration in the fillmore. now, at 530, we're going to hear from people living in the san francisco neighborhood already seeing empty shelves weeks before the community. safeway is supposed to shut down a departing gift from president biden. >> he just made two new national monuments here in california. official as he prepares to address the nation one last time, a growing guest list of billionaire vips, the tech ceos who have a seat on stage at trump's inauguration. plus, how bay area businesses are stepping up for fire victims down in los angeles. good morning everyone. it is wednesday, january 15th. >> we're going to start

and she said this is plainly mark zuckerberg trying to get a sweetheart deal from the ftc. that way? >> i think that's part of it. also, the move to texas not only pleases the conservative side of the aisle, which he's trying to do, and has made several actions to try and come across as more conservative. it's the ultimate quiet firing, because if you tell rather than a series of bad press releases or uncomfortable all hands meetings, if you just decide you're moving your safety and security team from california to texas, you're naturally going to lose probably 30 to 50% of the employees. so i you know, this is this is, again, nothing about placating the republican party and saving money and adding shareholder value. and what is so shocking, i mean, just from a personal standpoint, what's the point of having all this money if you aren't at some point going to show some fidelity as a 40 or a 50 something year old man that has the wealth of the gdp of a latin american nation to actually standing up and showing some fidelity to american values. bezos has got the yacht. tim coo

the potential candidates of the ftc have been name. no success of mine has been a big typically you get the chair and sometime between april and june, i was little bit past that but ultimately i think about this a lot. for years that the long time but you don't really have for years. i do think there will be a shift in the approach on day one with the acting head of how they approach regulation. there's been a lot of talk from members of the commission, existing commission about sandboxes and creating environments where the crypto participants can essentially do their business without what they view as fear of enforcement or regulation because of the controlled environment. perhaps that will be an idea that bears fruit and manifests itself in a new administration. i do think it's important and i stand by what i said earlier that there's the risk of litigation challenge. that doesn't mean you should stand back and not move forward with an agenda. you've got to be aggressive, you've got to be thoughtful but i think in this loper bright e