Wall Street Criticizes Antitrust Enforcement to Administration.

Wall Street dealmakers have increased their complaints to the White House over the last year as the administration's top antitrust enforcers, FTC Chair Lina Khan and DOJ antitrust head Jonathan Kanter, crack down on merger activity they say would damage the economy. The volume of M&A activity has fallen sharply over the last year, and dealmakers say the effect of President Joe Biden's antitrust crackdown has also been felt in ways that won't show up in the data.