[Congressional Record Volume 167, Number 88 (Thursday, May 20, 2021)]
[Senate]
[Page S3217]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1748. Mr. LEE submitted an amendment intended to be proposed to 
amendment SA 1502 proposed by Mr. Schumer to the bill S. 1260, to 
establish a new Directorate for Technology and Innovation in the 
National Science Foundation, to establish a regional technology hub 
program, to require a strategy and report on economic security, 
science, research, innovation, manufacturing, and job creation, to 
establish a critical supply chain resiliency program, and for other 
purposes; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. __. PROHIBITION ON FTC RULEMAKING RELATING TO UNFAIR 
                   METHODS OF COMPETITION.

       (a) In General.--On and after the date of enactment of this 
     Act, the Federal Trade Commission may not promulgate any rule 
     relating to unfair methods of competition.
       (b) Conforming Amendment.--Section 18(a)(2) of the Federal 
     Trade Commission Act (15 U.S.C. 57a(a)(2)) is amended by 
     striking the second sentence.
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