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UNBIASED Politics

August 21, 2024: Judge Blocks FTC's Ban on Non-Compete Agreements, RFK Jr.'s VP Discusses Dropping Out and Joining Trump, U.S. Has 818,000 Less Jobs Than We Thought, and More.

UNBIASED Politics

Jordan Berman

Education

4.8 • 2.5K Ratings

🗓️ 21 August 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Welcome back to UNBIASED. In today's episode: Federal Judge Blocks FTC from Enforcing Ban on Non-Compete Agreements (0:07) More Context: RFK Jr.'s VP, Nicole Shanahan, Speaks About Staying in Race or Dropping Out and Joining Trump (3:33) U.S. Veteran Fled in January and is Now Fighting in the Russian Military (9:35) Job Growth in U.S. Much Weaker Than Initially Reported Per New Annual Revision (11:15) Quick Hitters: VP Harris Accepts Nomination, Airlines Acquisition One Step Closer to Approval, Fugitive on the Run for 68 Days Captured, NY Appeals Court to Hear Oral Arguments in Trump's Appeal (12:53) Critical Thinking Question: Should There Be Consequences for Interfering in Opposing Parties Political Campaigns? If So, To What Extent? (14:48) Support ‘UNBIASED’ on Patreon. Watch this episode on YouTube. Follow Jordan on Instagram and TikTok. All sources for this episode can be found here.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Welcome back to Unbias.

0:02.0

Your favorite source of Unbias News and Legal Analysis.

0:06.0

Welcome back to Unbias.

0:08.0

Today is Wednesday August 21st and this is your daily news rundown.

0:12.0

Let's get right into today's stories and start

0:14.9

with a story that came out yesterday, but after yesterday's episode was released

0:19.0

and that is a federal judge in Texas has barred the FTC's new ban on non-compete agreements from taking effect.

0:28.0

Notably, this judge is not the only judge that's weighed in on this new rule at this point. So let's back up just a little bit. As we know, the Biden administration

0:36.7

issued a final rule in May, which was set to take effect next month that bans non-compete agreements in the workplace.

0:45.0

The FTC commissioners voted to pass the rule because they said that the non-compete agreements

0:50.4

are an unfair restraint on competition,

0:53.3

and they violate antitrust law and suppress workers' wages,

0:57.3

as well as workers' mobility.

0:59.5

Following the issuance of that rule,

1:01.3

multiple lawsuits were brought across the country, one in Florida,

1:05.2

one in Texas, and one in Pennsylvania.

1:08.2

In July, a judge in Pennsylvania upheld the FTC's rule, finding that the FTC reasonably concluded that

1:16.5

non-competes are rarely justified.

1:19.6

Then last week, a judge in Florida ruled that the FTC's ban was likely invalid and prohibited

1:25.6

a non-compete from applying to a real estate developer.

1:29.5

But most recently, yesterday, a judge in Texas barred the FTC's ban from taking effect nationwide.

1:35.7

The other two cases were different in that they were standalone cases.

...

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