Former Treasury Secretary Larry Summers has a history of disagreeing with the Biden administration's economic policies. On Thursday, he took to the airwaves to criticize the Federal Trade Commission's new merger and acquisitions guidelines released on Wednesday.
He wished that offering the updated guidelines “had been taken as an opportunity to rationalize the policy and step back rather than to double down on what sometimes seems almost like a war on business,” Summers said during an interview with Bloomberg TV. “So based on what's been put out for public comment and a very rapid study I've been able to do so far, I'm a bit disappointed.”
