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U.S. FTC chair says he will resign along with senior staff

By Reuters Staff
2 Min Read
FILE PHOTO: U.S. Federal Trade Commission (FTC) Chairman Joseph Simons testifies at Senate Appropriations Subcommittee hearing on the proposed budgets for the FCC and the FTC on Capitol Hill in Washington, U.S., May 7, 2019. REUTERS/Clodagh Kilcoyne
WASHINGTON (Reuters) - U.S. Federal Trade Commission Chairman Joseph Simons said on Tuesday that he would resign effective Jan. 29, along with members of his senior staff.
Simons, who announced his departure in a news release, did not say why he was leaving, but the FTC’s chief typically leaves when a new administration comes in.
The five-member FTC is also losing Democratic Commissioner Rohit Chopra, who has been nominated to head the Consumer Financial Protection Board. ....

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FTC Chair Joseph Simons to step down Jan. 29

Joseph Simons
FTC Chairman Joseph Simons said in a statement he will step down Jan. 29. Sworn in at the position in May 2018, Simons called his time leading the agency “a great honor.”
Other senior staff at the FTC announcing their resignations are General Counsel Alden Abbott, Bureau of Competition Director Ian Conner, Bureau of Competition Deputy Directors Gail Levine and Daniel Francis, Bureau of Consumer Protection Director Andrew Smith, Bureau of Economics Director Andrew Sweeting, Office of Public Affairs Director Cathy MacFarlane, and Office of Policy Planning Director Bilal Sayyed.
On Monday, Biden announced the nomination of FTC Commissioner Rohit Chopra to lead the Consumer Financial Protection Bureau, but he has not yet announced who will take over as chairman at the FTC. ....

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