In testimony before the Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights, DOJ Assistant Attorney General Jonathan Kanter and FTC Chair Lina M. Khan described challenges in the current enforcement of federal antitrust laws.
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U.S. Attorney General William P. Barr and UK Home Secretary Priti Patel entered into a cross-border agreement that "will dramatically speed up investigations by removing legal barriers to timely and effective collection of electronic evidence."
Members of the House Subcommittee on Monetary Policy and Trade considered testimony on proposed legislation to expand the jurisdiction, and update the operations, of the Committee on Foreign Investment in the United States.
U.S. Senate Finance Committee members and industry experts debated recommendations on business tax reform.
U.S. Treasury Secretary Steven Mnuchin called for a combination of tax reform, financial regulatory reform and trade reform to drive sustained economic growth.