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Pakistani origin Lina Khan named top federal regulator by Joe Biden

01:33 PM | 17 Jun, 2021
Pakistani origin Lina Khan named top federal regulator by Joe Biden

WASHINGTON – United States President Joe Biden has named Pakistani-origin Lina Khan, a Big Tech critic, as the Commissioner of the Federal Trade Commission (FTC).

Reports in international media cited that the 32-year-old was sworn in as the FTC Chair hours after being confirmed by the Senate as one of the five members of the governing body while surpassing other nominees.

The role of Khan is a hugely potent one, which protects consumers from bad business practices and companies from unfair rivalry. Lina is a law professor at Columbia University who is an anti-trust icon on the monopolistic practices of big tech companies.

She also holds the title of being the youngest chair in the history of the federal antitrust watchdog.

Expressing gratitude over the appointment, the Pakistani origin American took to her official handle where she wrote ‘It’s a tremendous honor to have been selected by President Biden to lead the Federal Trade Commission, I look forward to upholding this mission with vigor and serving the American public’.

US Senator Elizabeth Warren also complimented Lina on her appointment to the high chair. Lina brings vast knowledge and expertise to this role and will be a fearless champion for consumers, she remarked while discussing the ongoing crackdowns on tech giants in the United States.

American legal scholar was born in London to Pakistani parents who later migrated to the US when she was only eleven. She completed her schooling in the US and brought a lot of attention to the antitrust game with her exceptional achievements for working on the ‘Amazon’s Antitrust Paradox’ as a law student at Yale University in 2017. She later joined Columbia University Law School as a professor.

Khan helped to lay the infrastructure for a new means of practicing the antitrust laws while working as counsel to a House Judiciary antitrust panel. She also contributed to the probe of the market power of tech giants that had caused numerous problems for the American government.

Daily Pakistan Global Web Desk

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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