Along with his tax and spending increases, President Joe Biden has imposed a massive regulatory burden on the economy. According to one report, the Biden administration has imposed $470 billion in regulatory costs through as many as 800 new rules, burying the private economy in new regulations and red tape.
While independent regulators are supposed to be nonpartisan and impartial, the Biden administration has filled the government with extreme regulators committed to attacking the private sector and promoting an extreme partisan agenda.
The prime example of an extreme regulator is Federal Trade Commission Chairwoman Lina Khan, who has established a pattern of regulatory zeal, attacking free markets and abusing her power. She has launched dozens of lawsuits, investigations, and regulatory actions against America’s most successful companies.
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