Story perspectives

Meta Strengthens Lobbying with Trump Allies Amid Fed Concerns

1/14/2026

Center

Meta Strengthens Lobbying

Meta Platforms appointed Dina Powell McCormick as president and vice chairman to strengthen its lobbying efforts, aligning with its strategy to appeal to Donald Trump.
The company recently hired former Trump trade adviser C.J. Mahoney as part of this strategy.
An investigation into Federal Reserve Chair Jerome Powell raises concerns about the Fed's independence, prompting unease among lawmakers, including Senator Thom Tillis.
Some Republicans believe the investigation will not impact future nominations, while others emphasize the need for an independent central bank.

Left

Trump Nominates MacNeil

U.S. President Donald Trump nominated David MacNeil, a Republican donor and WeatherTech chief executive, to the Federal Trade Commission.
MacNeil supports domestic manufacturing and opposes deceptive marketing practices.
The nomination follows Trump's efforts to reshape the FTC after firing two Democratic commissioners.
Republican lawmakers are criticizing the administration's criminal investigation into Federal Reserve chair Jerome Powell.
Senator Thom Tillis threatened to block Fed nominations until the investigation is resolved.

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Meta Strengthens Lobbying

Meta Platforms appointed Dina Powell McCormick as president and vice chairman to strengthen its lobbying efforts, aligning with its strategy to appeal to Donald Trump.
The company recently hired former Trump trade adviser C.J. Mahoney as part of this strategy.
An investigation into Federal Reserve Chair Jerome Powell raises concerns about the Fed's independence, prompting unease among lawmakers, including Senator Thom Tillis.
Some Republicans believe the investigation will not impact future nominations, while others emphasize the need for an independent central bank.

1 / 2