Warren Worries Texas Court Will Soon Issue ‘Extremist’ Decision Against FTC Non-Compete Rule

Sen. Elizabeth Warren (D-MA) raised concerns a federal district court in Texas will issue an “extremist” decision this month against the Federal Trade Commission’s non-compete rule, asserting at a recent Banking subcommittee hearing she chaired that the FTC rule follows congressional intent. FTC’s non-compete rule is embroiled in legal battles, with two federal lawsuits issuing opposing decisions last month. A Pennsylvania district court ruled against a plaintiff’s argument that FTC did not have the authority to issue the rule. Meanwhile,...