Policing the police’s police: The Tipline for 3 July 2023

The Wall Street Journal and some progressive groups have sounded the alarm on the Federal Trade Commission’s designated ethics official owning Meta stock when encouraging chair Lina Khan to recuse from the agency’s challenge against the platform’s acquisition of Within Unlimited. Leadership issued a statement in support of the official, but it presents another example of animus towards index funds at the commission. GCR USA will be celebrating Independence Day tomorrow but we’ll be back in your inboxes on 5 July.