Inside Trump’s takeover of the American regulatory machine
The Wall Street Journal reports: The debate over how to respond to Omnicom Group’s $13 billion acquisition of Interpublic Group to create the world’s largest advertising business came down to two people: Federal Trade Commission chairman Andrew Ferguson—and President Trump. Sitting in the Oval Office with Ferguson last August to discuss the deal, once considered a run-of-the-mill review left to FTC staff, Trump invited an interested party to weigh in. He dialed his friend Newsmax CEO Chris Ruddy, who had…