Wall Street Democrats have expressed their desire to regain influence in Washington with the presumptive presidential nominee, Vice President Kamala Harris. While some have resorted to traditional methods such as fundraising and subtle campaigns, others are openly calling for Harris to replace Lina Khan, Chair of the Federal Trade Commission (FTC). This public lobbying approach, reminiscent of the strategies used by outspoken CEOs like Elon Musk and Bill Ackman, has received mixed reactions. While many on Wall Street agree that Khan’s actions regarding blocking deals are problematic, some argue that this kind of lobbying may lead to misunderstanding and potential consequences in the Washington game.
