Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
One of the two Democratic Commissars of the Federal Trade Commission, which the president Donald Trump sharply fired On Tuesday, it was warned that its disruption could destroy the market stability.
“It’s not just about FTC, and it’s not my work,” the former commissioner Rebecca Kellya said on Wednesday, “on CNBC”Shkvak on the street“
“It is about protecting the right to FTC in police markets and to provide the protection of honest businesses, instead of allowing companies that lie and deceive to come forward,” she said.
“And it is not just about the FTC, but all the government structures that protect the market stability,” she said. “Thus, the markets that depend on the stability provided by government agencies should be very concerned.”
The slaughter comments came against the backdrop of the heavy stock markets when investors are fighting uncertainty related to Trump’s political solutions.
She also advocated shortly before the Federal Reserve announced its last interest rate decision.
“If I can be fired, I don’t know why Jerome Powell cannot be fired,” Boyle said, citing the Fed.
Murder and Alvara Beda, the only other Democratic FTC commissioner, fired Trump on Tuesday. The hoods left only two republican commissioners in the agency, which was instructed to obey the laws on antitrust and consumer protection.
Both Democrats claimed that the Trump’s step violated the federal law saying that commissioners could be removed only because of neglect or a crime.
Slaughter noted on CNBC that Supreme He supported this law in 1935, establishing a precedent that “has not been broken for 90 years”.
But Andrew Ferguson, the Republican choice of Trump to replace Lina Khan as the chairman of the FTC, said the president acted within his power.
“I have no doubt about his constitutional powers to remove the commissioners, which is necessary to ensure democratic responsibility for our government,” Fergusan said in a statement on Tuesday.
Asked why Trump decided to dismiss the democratic commissioners at this time, the White House press secretary Caroline Levit said: “Because the time was right to let go of these people, and the president absolutely has powers.”
“In the letter I believe, they reported about your socket,” Levit said. Asked if the administration’s goal is to cancel the precedent of 1935, Levit replied: “The goal is to let go of these people. If we have to fight him to the Supreme Court, we will definitely be.”
Both deleted commissioners still called Trump’s step “illegal”.
“It’s corruption simple and simple,” the misery wrote on X, accusing Trump of pursuit of FTC into “Lapdog for his golf friends.”
Since the entry to the post of Trump, he has worked on a major repairs of the government, pushing out independent Agency’s executives and sharply reducing agencies through the DOGE initiative Elon Musk.
February 18 Trump signed Executive order Give itself more power over independent regulatory agencies.
Four days earlier, Reported about axios This Ferguson supported the opinion that the presidents could dismiss independent agencies as desired.
Determined federal judges In early March, Trump incorrectly tried to remove two members of the Federal Council. Trump administration appeals to these rulings.
The killer warned on Wednesday that her “unprecedented” shooting throws doubts and confusion in several active FTC lawsuits.
“The commission is in an active trial against all companies, to a large extent, whose leaders of whose heads have been fixed at his inauguration,” she said.
