January 11, 2019
William Barr, President Trump’s pick to replace Jeff Sessions as U.S. Attorney General, reportedly is set to recuse himself from the Department of Justice’s ongoing appeal of AT&T/Time Warner merger.
Barr, who is set to appear before the Senate Judiciary Committee for confirmation hearings, has about $1.2 million in AT&T stock, according to financial disclosures reported by Reuters.
Barr also served on the Time Warner board from 2009 to 2018 when it was acquired by AT&T for $85 billion.
As Attorney General, Barr would oversee the government’s antitrust appeal, which claims the merger that created WarnerMedia is bad for consumers and that the federal judge in the original case erred in applying the law.
Reuters reports Barr informed Senator Amy Klobuchar (D-MN) of his decision.
“He told me he was going to recuse himself from the Time Warner-AT&T appeal because he was involved in that, the Time Warner side,” Klobuchar said.