Trump Fires FTC Commissioners, Potentially Jeopardizing Crypto Legislation

President Trump’s dismissal of FTC commissioners, including Lina Khan, has raised concerns about the future of crypto legislation. The move signals a potential shift in regulatory priorities at the agency, with implications for corporate regulation and potentially impacting market dynamics. Legal challenges are expected from former commissioner Alvaro Bedoya and Rebecca Slaughter, who claim the dismissals were illegal. Andrew Ferguson, appointed as Chair by President Trump, advocates for a pro-deregulation approach, potentially altering the FTC’s stance on antitrust matters, and bringing about significant changes in its regulatory strategies. )