The Latest Breaking News from Alvaro Bedoya

Meta Platforms Inc. learned that the US Federal Trade Commission was suing the company over one of its smaller acquisitions via a Twitter post.

Federal Trade Commission Chair Lina Khan led her fellow Democrats in the agency’s majority vote to sue Meta Platforms Inc. this week, despite the staff recommending against bringing a case to challenge the company’s acquisition of Within Unlimited Inc., according to three people with knowledge of the decision.

With a key spot on the FTC now filled, the commissioner has a chance to pursue a bigger agenda.

The Senate voted 52-43 Tuesday to confirm Lael Brainard, a member of the Federal Reserve board, to become vice chair, but fell short of the votes needed to move forward with Lisa Cook’s nomination to join the board.

The U.S. Chamber of Commerce wants nominee Alvaro Bedoya to answer more questions.

Senate Commerce is again deadlocked on President Biden's nomination to the FTC because of a tweet about the 2016 Republican convention.