Former Federal Trade Commission (FTC) Commissioner Alvaro Bedoya expressed concern over President Trump's removal of the agency's last two Democratic members, claiming it serves the interests of wealthy billionaires.
Firing of FTC Commissioners
As reported by Cryptopolitan, Bedoya and Democratic Commissioner Rebecca Kelly Slaughter were dismissed on Tuesday evening. They view the firing as illegal, citing legal precedents that restrict the president from dismissing FTC commissioners without cause.
Reactions and Opinions
In a CNBC interview, Slaughter highlighted that the dismissal undermines the ability of agencies to operate independently. Bedoya speculated that his firing could be linked to his criticism of Amazon, calling it an "interesting coincidence" with ongoing investigations of Amazon, Meta, and X.
Senate's Position
More than two dozen Democratic senators urged Trump to reinstate the fired commissioners, asserting that these actions undermine the FTC's independence. They emphasize that these dismissals disrupt the agency's role in protecting consumers from deceptive practices.
The firing of Democratic-affiliated FTC commissioners has sparked widespread reactions, raising concerns about interference in the independence of regulatory agencies. The issue remains unresolved, with potential legal disputes on the horizon.
