{"id":30843,"date":"2021-01-19T16:36:20","date_gmt":"2021-01-20T00:36:20","guid":{"rendered":"https:\/\/lapost.us\/?p=30843"},"modified":"2021-01-19T16:36:20","modified_gmt":"2021-01-20T00:36:20","slug":"ftc-chairman-to-step-down-this-month","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=30843","title":{"rendered":"FTC chairman to step down this month"},"content":{"rendered":"<p>Federal Trade Commission (FTC) Chairman Joseph Simons on Tuesday official announced he would be resigning, effective Jan. 29.<\/p>\n<p>Simons\u2019s tenure at the FTC was largely defined by enforcement actions against Facebook. He took over as the head of the agency in May 2018, in middle of the FTC\u2019s privacy investigation into Facebook\u00a0that ultimately led to a $5 billion fine for Facebook.<\/p>\n<p>Last month, Simons voted with the commission\u2019s two Democrats to proceed with a lawsuit against Facebook. The FTC, along with 46 attorneys general, accused the social media giant of anti-competitive acquisitions.<\/p>\n<p>With Simons\u2019s departure, President-elect Joe Biden will have two spots to fill on the five-member board. Biden\u2019s transition team announced on Sunday the president-elect\u00a0<a href=\"https:\/\/click1.email.thehill.com\/zsldvgzjfrrkcgcrkbsffkddfzkqrzrttlfjgwqrzdszsd_vhpfhhpvpnfgffryhghf.html\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/click1.email.thehill.com\/zsldvgzjfrrkcgcrkbsffkddfzkqrzrttlfjgwqrzdszsd_vhpfhhpvpnfgffryhghf.html&amp;source=gmail&amp;ust=1611182503931000&amp;usg=AFQjCNHzCEW-O1pmwu_R3gQpqPDdNLFgBw\">is nominating Democratic commissioner<\/a>\u00a0Rohit Chopra to lead the Consumer Financial Protection Bureau.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Trade Commission (FTC) Chairman Joseph&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,7],"tags":[],"class_list":["post-30843","post","type-post","status-publish","format-standard","hentry","category-business","category-u-s-a"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/30843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30843"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/30843\/revisions"}],"predecessor-version":[{"id":30844,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/30843\/revisions\/30844"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}