White House opposes bill it says harms FTC consumer protection abilityWASHINGTON (Reuters) - The White House said on Monday that the Obama administration “strongly opposes” passage by the House of Representatives a bill on mergers and acquisitions, saying it harms a federal agency’s ability to promote competition and protect consumers.  Proposed changes to the Standard Merger and Acquisition Reviews Through Equal Rules Act of 2015, sponsored by Representative Blake Farenthold, a Texas Republican, “threaten to undermine the (Federal Trade Commission’s) important role in protecting competition and consumers,” the White House said in a statement.       politicsNews
white house opposes bill says harms ftc consumer protection abilitywashington reuters the white house said monday obama administration strongly opposes passage house representatives bill mergers acquisitions saying harms federal agency ability promote competition protect consumers proposed changes standard merger acquisition reviews through equal rules act sponsored representative blake parenthood texas republican threaten undermine federal trade commission important role protecting competition consumers white house said statement politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: White House opposes bill it says harms FTC consumer protection abilityWASHINGTON (Reuters) - The White House said on Monday that the Obama administration “strongly opposes” passage by the House of Representatives a bill on mergers and acquisitions, saying it harms a federal agency’s ability to promote competition and protect consumers.  Proposed changes to the Standard Merger and Acquisition Reviews Through Equal Rules Act of 2015, sponsored by Representative Blake Farenthold, a Texas Republican, “threaten to undermine the (Federal Trade Commission’s) important role in protecting competition and consumers,” the White House said in a statement.       politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: white house opposes bill says harms ftc consumer protection abilitywashington reuters the white house said monday obama administration strongly opposes passage house representatives bill mergers acquisitions saying harms federal agency ability promote competition protect consumers proposed changes standard merger acquisition reviews through equal rules act sponsored representative blake parenthood texas republican threaten undermine federal trade commission important role protecting competition consumers white house said statement politicsnews