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Organized Money

Trump's Showdown At The FTC with Commissioner Alvaro Bedoya

Mar 20, 2025
Alvaro Bedoya, an FTC commissioner known for championing consumer rights, shares his experience with an attempted firing by President Trump. He discusses the legal precedents protecting FTC commissioners and the broader implications for presidential power. The conversation explores the agency's role in regulating corporate influence, especially concerning insulin pricing and antitrust enforcement. Bedoya emphasizes the importance of dissent within regulatory bodies to maintain accountability, highlighting challenges that small businesses face in an increasingly monopolistic market.
01:09:32

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The attempted firing of FTC commissioners raises significant concerns about presidential power and the integrity of independent regulatory bodies.
  • Historical precedents like the Supreme Court case Humphrey's Executor emphasize the necessity of bipartisan oversight in protecting agency independence.

Deep dives

Trump's Attempt to Fire FTC Commissioners

Donald Trump's decision to fire two Democratic commissioners at the Federal Trade Commission is characterized as blatant corruption by a former FTC official. This situation brings up questions about the president's authority to make such removals, as the commissioners are protected under the FTC Act, which dictates they can only be dismissed for malfeasance or inefficiency. The firing, or attempted firing, highlights concerns about political influence over independent regulatory bodies, which ought to function without partisan interference. The ongoing controversy raises significant questions regarding the future of consumer protection and antitrust regulation under Trump’s administration.

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