“To make it clear enough that no one feels they’re reading the fine print of a mortgage agreement, this is what’s happening. Banks are donating big money to an antigun presidential candidate. Politicians who are supposed to be their watchdogs have no issue with them carrying out unlawful antitrust activities because it suits their antigun political agenda, so they won’t talk about it. After all, banks are doing exactly what the Obama administration’s Department of Justice did and was slapped for it by Congress. So, they’ll remain quiet, let them discriminate, and collect the check.”
Congressional Democrats are holding a fundraiser Aug. 24 for Democratic nominee Joe Biden headlined, “Virtual Conversation on the Future of Antitrust,” according to Politico. The event will be hosted by U.S. Sen. Amy Klobuchar (D-Minn.) and U.S. Rep. David Cicilline (D-R.I.) and is being feted as “a chance to talk about technology and antitrust with Sen. Klobuchar,” in the invitation.
Sen. Klobuchar is the ranking member of the Senate Judiciary Committee’s antitrust subcommittee and Rep. Cicilline chairs of the House Judiciary Committee’s antitrust subcommittee. That raised eyebrows with Politico. Both have taken a “get tough” approach with tech and social media giants, but it seems they’re taking the edge off that approach.