April 10 (Reuters) - President Donald Trump should
reinstate two Democratic commissioners at the U.S. Federal Trade
Commission and use the agency to help consumers, 55 Democratic
members of the U.S. House of Representatives said in a letter to
the White House on Thursday.
Democratic U.S. Representatives Jesus "Chuy" Garcia of
Illinois and Jerry Nadler of New York, the ranking Democrat on
the House antitrust subcommittee, led the letter calling the
firings "a giveaway for predatory corporations."
The firings of Democratic Commissioners Alvaro Bedoya
and Rebecca Kelly Slaughter
on March 18
drew sharp criticism from Democratic senators and
antimonopoly groups concerned that the move was designed to
remove opposition within the agency to big corporations.
Meta Platforms ( META ), Microsoft ( MSFT ) and OpenAI,
which all donated to Trump's inauguration, face FTC probes or
cases, the members said.
"Rather than simply serving the interests of wealthy
corporations and donors, you should utilize the authority of the
FTC to address the affordability crisis in this country," the
members wrote.
While praising FTC Chairman Andrew Ferguson's move to launch
a labor market task force, the representatives said he should
also probe consolidation in markets that affect housing and food
prices, such as home construction firms and egg-laying chicken
hatcheries.
The Department of Justice is already probing the cost of
eggs, which reached record highs earlier this year.
The members also asked the FTC to call for public comment on
consumer debt, with a focus on the sports betting and insurance
industries.