• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

FTC Chair Ferguson wins first vote over Trump’s DEI purge

by January 24, 2025
written by January 24, 2025

By Jody Godoy

(Reuters) – U.S. Federal Trade Commission Chair Andrew Ferguson gained broad authority to purge diversity, equity and inclusion (DEI) policies at the agency after Democrats, who still have the majority on the commission, stood down.

Ferguson, who has criticized social media companies for left-leaning content moderation policies, asked the commission on Thursday to grant him authority to strip all mention of DEI from FTC documents after President Donald Trump’s executive order banning such programs in the federal government.

The first vote under Ferguson’s leadership on Thursday ratcheted up tension between Republicans and Democrats at the five-member agency, and surfaced a larger disagreement over the agency’s independent status.

Democratic Commissioner Alvaro Bedoya cast the lone vote against the proposal, criticizing Ferguson for rushing the vote and for focusing on DEI instead of the high cost of living.

Conservatives including Ferguson have said the president should be able to remove officials who do not align with his agenda.

Under 90-year-old U.S. Supreme Court precedent, FTC commissioners and members of many other bipartisan independent agencies are only fireable for cause — unlike executive branch agencies whose heads the president can fire at will.

Ferguson said Bedoya acted out of disagreement with Trump over DEI.

“I do not think an officer of the United States can refuse to comply with the President’s lawful orders on the basis of such an objection,” Ferguson said in a statement on the vote Thursday night.

Democrat Lina Khan, whom Trump replaced as the agency’s chair but who remains a commissioner, and fellow Democratic Commissioner Rebecca Slaughter declined to participate in the vote. Slaughter said in a statement that she believed Ferguson already had the authority to carry out Trump’s mandate.

“As Senate-confirmed Commissioners of an independent agency, my colleagues and I swear an oath to uphold the laws and the Constitution of the United States of America, not to serve any individual or ideology,” Slaughter said.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
next post
Trump pause applies to all foreign aid; Israel, Egypt get waiver, says State Dept memo

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Fintech company Chime files for Nasdaq IPO

      May 14, 2025
    • Father and son fraudsters sentenced in case of $100 million New Jersey deli

      May 13, 2025
    • UnitedHealth CEO suddenly steps down for ‘personal reasons’

      May 13, 2025
    • Microsoft to cut 3% of its workforce

      May 13, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (458)
    • Stock (6,426)

    Latest News

    • Fintech company Chime files for Nasdaq IPO
    • Father and son fraudsters sentenced in case of $100 million New Jersey deli

    Popular News

    • New York Fed says bank reserves abundant as of mid-November
    • German opposition leader: ‘definitely’ no debt brake reform before February vote

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy