Investing.com -- The U.S. Senate has confirmed Mark Meador, President Donald Trump’s choice, as the third Republican commissioner on the U.S. Federal Trade Commission (FTC). This confirmation comes despite Democratic objections to Trump’s decision to dismiss two commissioners from the consumer protection and antitrust agency.
Meador, a partner at the law firm Kressin Meador Powers and a former antitrust advisor to Republican U.S. Senator Mike Lee of Utah, now provides the Republicans with a majority on the FTC. This holds true irrespective of whether a court reinstates the two Democratic commissioners who claim they were unlawfully dismissed.
In the past, Meador has held positions as an antitrust attorney at both the FTC and the U.S. Department of Justice. During his confirmation hearing in February, he underscored the role of antitrust enforcement in combating high consumer goods prices.
"Protecting competition in all of our markets is essential to ensuring that America’s free market economy operates as our servant, not our master," Meador stated.
On Thursday, dismissed commissioners Rebecca Slaughter and Alvaro Bedoya expressed worries that Elon Musk’s Department of Government Efficiency might have inappropriate access to FTC data. In response to questions about DOGE’s data access during his February hearing, Meador stated that the FTC "will follow the laws that it enforces as well as the laws that restrict it." This statement pertains to provisions that maintain the confidentiality of merger and other data within the agency.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Meador, a partner at the law firm Kressin Meador Powers and a former antitrust advisor to Republican U.S. Senator Mike Lee of Utah, now provides the Republicans with a majority on the FTC. This holds true irrespective of whether a court reinstates the two Democratic commissioners who claim they were unlawfully dismissed.
In the past, Meador has held positions as an antitrust attorney at both the FTC and the U.S. Department of Justice. During his confirmation hearing in February, he underscored the role of antitrust enforcement in combating high consumer goods prices.
"Protecting competition in all of our markets is essential to ensuring that America’s free market economy operates as our servant, not our master," Meador stated.
On Thursday, dismissed commissioners Rebecca Slaughter and Alvaro Bedoya expressed worries that Elon Musk’s Department of Government Efficiency might have inappropriate access to FTC data. In response to questions about DOGE’s data access during his February hearing, Meador stated that the FTC "will follow the laws that it enforces as well as the laws that restrict it." This statement pertains to provisions that maintain the confidentiality of merger and other data within the agency.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
