Democrats have unabashedly used the COVID-19 pandemic to push unrelated, partisan policy priorities. Throughout the crisis, House Speaker Nancy Pelosi and House Democrats have called for $1 trillion in bailout funds for high-tax states, have proposed preferential green energy tax credits, and have demanded funding for the Postal Service and the National Endowment of the Arts.
Not to be outdone, Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez are now pushing the “Pandemic Anti-Monopoly Act,” a radical proposal to ban mergers and acquisitions in response to the pandemic. This would restrict any mergers and acquisitions involving a company with more than $100 million in revenue, private equity firms, and businesses that have an exclusive patent on personal protective equipment.
