Trump Picks Ferguson to Lead FTC Revolution
Portfolio - People | Dec 16, 2024 | Bryan Cave Leighton Paisner LLP

President-elect Donald Trump has announced two significant appointments to the Federal Trade Commission (FTC), selecting Andrew Ferguson as the new Chair and Mark Meador as a Commissioner, with Ferguson's position taking effect immediately and Meador’s requiring Senate confirmation. Ferguson, with a background as Virginia’s Solicitor General and known for his dissenting opinions since his confirmation in April 2024, is anticipated to pivot the FTC towards a pro-business stance, favoring innovation over consumer protection and reducing the Commission's regulatory and rulemaking activities, especially concerning AI and big tech. This strategic shift is reflected in Trump's announcement via Truth Social, which portrays Ferguson as a pro-innovation leader. Internally, Ferguson is expected to alter the FTC's court practices and impact staff morale, continuing a trend established during Lina Khan's tenure. Meador’s potential confirmation would create a pro-business majority within the FTC. His career background includes working closely with Jonathan Kanter, the current Antitrust Division head under President Biden, and his past legal actions against big tech could introduce nuanced differences between him and Ferguson, particularly regarding antitrust issues. Meador’s experience may lead to heightened scrutiny in the healthcare sector, aligning with his previous professional focus. His support of the 2023 FTC merger guidelines suggests a more institutional approach, possibly clashing with Ferguson’s views. Overall, Trump's selections indicate a substantial shift in FTC policies with implications across various sectors including technology and healthcare.
Sectors
- Regulatory & Legal
- Technology
- Healthcare
Geography
- United States – The discussed appointments and regulatory changes pertain to the Federal Trade Commission, a U.S. federal agency.
Industry
- Regulatory & Legal – The article discusses the appointments to the Federal Trade Commission and their potential implications, which involve regulatory and legal changes affecting multiple industries.
- Technology – The article highlights the FTC's scrutiny of big tech firms and its impact on competition and regulation.
- Healthcare – There is a focus on the FTC's stance towards healthcare providers and private equity acquisitions within the industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Donald Trump | President-elect making the appointments | Person | Former President of the United States and author of the appointments to the FTC. |
Andrew Ferguson | FTC Chair (Appointed) | Person | Appointed by Trump as Chair of the FTC, likely to shift the Commission's focus to pro-business policies. |
Mark Meador | FTC Commissioner (Nominated) | Person | Nominated by Trump for FTC Commissioner, pending Senate confirmation, expected to influence the Commission's approach towards mergers and healthcare. |
Jonathan Kanter | Assistant Attorney General for the Antitrust Division | Person | Current head of the Antitrust Division and associated with Mark Meador's legal stance. |
Federal Trade Commission (FTC) | Regulatory Agency | Government | U.S. federal agency responsible for enforcing antitrust law and consumer protection. |
Bryan Cave Leighton Paisner LLP | Legal Advisor | Company | Law firm providing advisory services related to the FTC and Trump’s appointments. |