On Wednesday, Jim Cramer voiced his apprehensions regarding Gail Slater’s potential appointment as Assistant Attorney General for Antitrust.
What Happened: The host of CNBC’s Mad Money took to X, formerly Twitter, and highlighted that Slater is not perceived as a supporter of major tech companies.
This includes tech giants like Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google. Her role will focus on addressing competition issues, a priority underscored by President-elect Donald Trump.
Slater is expected to continue the antitrust division’s efforts against big tech, a stance Trump reiterated on his social media platform.
"She’s not known as a friend of big tech," Cramer stated, adding, "Not good for Google ...