Categories: Politics

Trump selects FTC Commissioner Andrew Ferguson to chair agency

President-elect Trump has tapped Andrew Ferguson to serve as chair of the Federal Trade Commission, the anti-trust agency of which he already serves as a commissioner. 

“Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump said in a Tuesday statement posted to his Truth Social network. “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.”

“Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History,” he added.

LARA TRUMP ANNOUNCES SHE IS STEPPING DOWN AS RNC CO-CHAIR AMIDST TALK SHE MAY BE UP FOR FLORIDA SENATE SEAT

FTC Commissioner Andrew Ferguson has been tapped to chair the agency.  (Screenshot/Federal Trade Commission)

Ferguson is one of two Republican commissioners on the five-member panel chaired by Lina Khan. Ferguson, who also served as the solicitor general of Virginia, was appointed to the commission by President Biden and joined the FTC on April 2. 

The FTC is charged with acting as an anti-trust and consumer protection agency. 

The replacement of Khan likely means that the FTC will operate with a lighter touch when it comes to antitrust enforcement. The new chair is expected to appoint new directors of the FTC’s antitrust and consumer protection divisions.

Khan became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars’ worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior.

Under Khan, the FTC blocked a proposed merger between Korger and Albertsons, two large supermarket chains which forged a $24.6 billion deal in 2022. 

Federal Trade Commission Chair Lina Khan testifies before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023, in Washington, DC. The committee and its chairman, Rep. Jim Jordan (R-Ohio), have accused Khan and the commission of “mismanagement,” “disregard for ethics and congressional oversight” and  “politicized rulemakings.”  (Chip Somodevilla/Getty Images)

TRUMP’S TARIFF THREATS GO BEYOND ‘TRADE AGREEMENT’ TO ADVANCE AMERICAN INTERESTS: EXPERT

On Tuesday, a judge halted the merger after the FTC filed a lawsuit to block the move, alleging it would lead to high prices and lower wages for workers. 

Ferguson’s experience could signal continued scrutiny of large tech companies. 

In a statement earlier this month, he called for the prosecution of “unlawful collision” between online platforms that could limit “Americans’ ability to exchange ideas freely and openly.”

Republican presidential nominee, former U.S. President Donald Trump takes the stage during a campaign rally at Desert Diamond Arena on August 23, 2024, in Glendale, Arizona. The rally, held in partnership with Turning Point PAC and Turning Point Action, comes come two weeks after Democratic presidential nominee U.S. Vice President Harris held a rally at the same location.  (Rebecca Noble/Getty Images)

CLICK TO GET THE FOX NEWS APP

“In particular, we must vigorously enforce the antitrust laws against any platforms found to be unlawfully limiting Americans’ ability to exchange ideas freely and openly,” he wrote. 

The Associated Press contributed to this report. 

Share

Recent Posts

Wind turbine blade crashes into traffic on busy Northeast interstate

close Video Wind turbine blade blocks traffic on Maryland interstate A wind turbine blade broke…

30 minutes ago

New Orleans jail escapee who begged Trump for help captured as manhunt targets last fugitive

close Video 'Brazen' video of escaped New Orleans inmate may hold clues to suspect's location…

30 minutes ago

Boat catches fire near Cape Canaveral, passengers saved

close Video Boat catches fire off coast of Cape Canaveral, Florida; 4 rescued Witness video…

30 minutes ago

2 teens shot near NYC’s Stonewall Inn after Pride March: police

close Video 2 teens shot near NYC’s Stonewall Inn after Pride March: police Sunday night’s…

30 minutes ago

Authorities find man dead with firearm nearby hours after Idaho firefighters killed in ambush

close Video Firefighters shot while responding to a brush fire in Idaho 'The Big Weekend…

30 minutes ago

Freak accident at the beach sends teen to ICU as mom warns of waterfront danger

close Video Mom says teenage son battling to recover after freak accident at beach Melina…

3 hours ago