Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Donald Trump The government plans to have the FTC Chair oversee the Justice Department's new anti-fraud division
Svmuu News: According to sources familiar with the matter, Donald Trump administration officials are considering appointing Federal Trade Commission (FTC) Chairman Andrew Ferguson to head a newly established Department of Justice unit tasked with combating nationwide fraud. Ferguson will continue to serve as FTC Chairman.Vice President Vance stated last week that the unit would be overseen by the White House and would have “nationwide jurisdiction over fraud issues.” Vance also noted that the Department of Justice would create a new position of Assistant Attorney General to lead related fraud investigations.This structure would blur the traditional lines between the President and the Department of Justice, which already has multiple divisions dedicated to criminal and civil fraud investigations. The law also explicitly prohibits commissioners from “engaging in any other business, profession, or employment.” It remains unclear whether this provision would prevent Ferguson from holding the new position concurrently.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
Recommended Reading


