The Biden administration, as it has done with other federal agencies, has redirected the Federal Trade Commission (FTC) from its core mission of “protecting consumers and promoting competition” to fighting racial inequity and climate change.
The FTC was established to enforce anti-trust laws in the United States. It has now been given a new mandate to act as an agent for social justice and environmental causes. In its “Strategic Plan for Fiscal Years 2022-2026” released in August, the FTC added two new goals to its mandate to “ensure that the work of the agency benefits all Americans, including those who live in historically underserved communities.”
In accordance with the Biden administration’s directive that all federal agencies conduct public policy through a racial lens, the FTC shifted its focus toward “Black Americans, Latinos, Indigenous/Native American peoples, Asian American/Pacific Islanders or other persons of color, members of religious minorities, lesbian, gay, bisexual, transgender, and/or queer persons.”
Lina Khan, a Biden appointee as Chairperson, set a number of performance metrics that can be imposed on companies.