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Lina Khan’s FTC era ends; Andrew Ferguson named chair

Andrew Ferguson, a Republican FTC commissioner appointed by Biden, will become the next FTC chair under incoming President Trump, replacing Lina Khan.

MAIN POINTS
  1. Andrew Ferguson, a Republican, is set to be the next FTC chair.
  2. He was appointed as an FTC commissioner by President Biden.
  3. President Trump announced this decision on social media.
  4. Lina Khan, the current FTC Chair, faced criticism from Silicon Valley.
TAKEAWAYS
  1. The appointment reflects a significant leadership change at the FTC.
  2. Trump's announcement indicates a shift in regulatory approach.
  3. Silicon Valley's reaction to Khan's leadership was notably critical.
  4. Ferguson's leadership may alter the FTC's direction and policies.
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