A U.S. senator has demanded to know whether the White House has considered firing Democrats on the bipartisan Federal Trade Commission, a move that would be illegal under current law.
President Donald Trump is moving to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission.
White House seeks sway over FCC, FEC, FTC and some Fed operations. Politics professor Sarah Binder says it "grabs power from Congress."
President Donald Trump is moving to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission.
The post, which got thousands of upvotes and comments, talks about concerns over President Donald Trump's new executive orders. The main worry is that these orders give the White House more control over financial agencies like the Securities and Exchange Commission and the Federal Trade Commission.
In a far-reaching executive order Tuesday, Trump demanded that the White House review regulations at the Securities and Exchange Commission, the Federal Trade Commission and other agencies with sweeping power to shape everything from shipping lanes to nuclear power plants.
President Donald Trump is moving to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission.
For investors, this shift raises serious concerns about market fairness and corporate accountability. Regulatory agencies play a key role in investigating corporate misconduct and ensuring market stability. If these agencies lose their independence, it could result in weaker enforcement, corporate favoritism, and market volatility.
The Federal Trade Commission announced on Thursday that it will launch a public inquiry into "censorship by tech platforms," soliciting comments from
The order is the latest example of Trump’s embrace of a broad and controversial theory of executive power. The White House is confident the Supreme Court will bless his approach.
U.S. Senator Richard Blumenthal, a Democrat from Connecticut, on Friday said he is concerned that Federal Trade Commission Chairman Andrew Ferguson's actions are undermining the FTC's independence and threatening the bipartisan structure of the agency Congress created.
Trump’s new EO would effectively bring the FTC, SEC, FDIC under control of the White House’s Office of Management and Budget The White House has already said that Trump has the authority to ...