The woman who BLOCKED Mega Mergers from Happening and Telecom Companies from STEALING from People? This is HORRIBLE TERRIBLE NEWS! For Rich People!
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The stock market will never recover from this certainty not by 4 pm today!
Oh, it’s up today? Weird.
OMG! I feel like we went from having no hope to having a fighting chance in one night
I can't help but hear her name like a wrestler's in my head.
"And in this corner, former chair of the FTC, it's LINA KHAAAN!"
wish she'd had the chance to bash more corporate skulls.
There are lots of corporate heads to crack in NYC assuming she has a permanent position.
I’m not sure I like this. It feels like Khan can make bigger impact elsewhere than just NYC. I mean, sure, the current administration isn’t exactly a welcoming environment for her, but Khan could literally make the change we are looking for federally.
Is she working on anything else more important? Isn't like she was working for the federal governments now and left fpr NY.
I mean I guess you’re right. I just envisioned her doing big things, and NYC feels like small potatoes
NYC is almost a small country unto itself, in some ways. About the only thing she could have larger impact on, in a governmental position, would be at the state level… namely in NY or California (possibly Texas, but that would never happen).
NY financial regulations can have global impacts. Not entirely related, but I'm Brazil and our company have to complain with SOX and other American regulations. So being in NY is not even close to any other American city.
Definitely. If New York City (just the city) were to secede from the United States, it would be the 101st largest nation in the world; almost as big as Switzerland, and bigger than New Zealand, bigger than Singapore, and bigger than every Nordic country except Sweden. They can really throw their weight around.
And as a part of the US, they can honestly do even more. Most companies don't want to have a "New York" version of their product and an "all the other states" version, so they're pretty likely to fall in line with whatever New York asks for. Especially if California follows suit; that's a sixth of the US's population in just those two jurisdictions.
California is the fourth or fifth largest economy in the world.
This keeps her in the game and gives her an opportunity to demonstrate the effectiveness of her policies on a small scale where differences can often be felt a lot faster. That gives her a much better chance to get back into a position where she's holding the keys at the federal level down the line.
Take the win, bud.