Trump's FTC Commissioner says to overthrow it should be interested in the markets


One of the Democratic Commissioner in the Federal Trade Committee that the president Donald Trump suddenly Firing On Tuesday, she warned that her topple could lead to market stability.

“This is not only related to federal solid heaven, and it is not about my work,” said former commissioner Rebecca Kelly Siloter on CNBC's on Wednesday.Screaming

She said: “It comes to FTC's ability on police markets and ensuring the protection of sincere companies, instead of allowing companies that lie and cheat to move forward.”

She said: “It is not only about the time of foot (FTC), but rather is related to all government structures that protect the stability of the market.” “Therefore, markets that depend on the stability provided by government institutions must be very worried.”

Slaughter's comments came amid a period of heavy stock market disturbance, as investors are struggling with the uncertainty surrounding Trump's policy decisions.

She also spoke shortly before the Federal Reserve announced its recent decision on interest rates.

“If it is possible to shoot, I don't know why Jerome Powell cannot be expelled,” said Slator.

On Tuesday, Trump launched the slaughter of Wolfaro Bedoya, the only only commissioner for democratic democracy, called Trump on Tuesday. The extinguishing left only two Republican Commissioners at the agency, which is charged with enforcing anti -monopoly and consumer protection laws.

Both Democrats have argued that Trump's move has violated a federal law stating that commissioners can only be removed for the reason, such as neglect or bad violations in his position.

Note the slaughter on CNBC that supreme court This law was supported in 1935, and a precedent “did not violate for 90 years.”

But Andrew Ferguson, Trump's Republican choice to replace Lina Khan as Chairman of the Federal Trade Committee, said the president as part of his authority.

“I have no doubt about its constitutional authority to remove the commissioners, which is necessary to ensure democratic accountability of our government,” Ferguson said in a statement on Tuesday.

When asked why Trump chose to dismiss Democratic Commissioners at this time, White House press secretary Caroline Levit said: “Because it was appropriate to allow these people to leave, and he has absolutely the president has the authority to do so.”

“They have been given a lot of notice in a message I think your outlet is more.” Levit said. When asked whether the administration's goal was to cancel a precedent in 1935, Levitt replied, “The goal was to allow these individuals to leave. If we had to fight it along the way to the Supreme Court, we will definitely rise.”

However, the two removed Commissioner called Trump's move to be “illegal.”

Bidoa wrote on X: “This is easy and simple corruption,” accusing Trump of seeking to convert FTC to “Lapdog for his friends in the golf.”

Since he took office, Trump has worked to reform the government by paying independent Agency heads And largely from the agencies through the Doug's initiative that supervises it Elon Musk.

On February 18, Trump signed Executive order To give himself more power on independent organizational agencies.

Four days ago, Axios mentioned This is what Ferguson supported the opinion that the presidents can launch the heads of independent agencies at the will.

Ruling of Federal judges In early March, Trump made a mistake to remove two federal members of the Board of Directors. The Trump administration resumes those provisions.

On Wednesday, slaughter warned that the “unprecedented” shooting aims to doubt and confusion in multiple laws to free trade agreements.

“The committee in active lawsuits against all companies, to a large extent, who were surrounded by the main executive presidents in its inauguration,” the committee said.

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