04/25/2022

U.S. Senate Set to Confirm Bedoya as FTC Commissioner

Once confirmed, it's expected he will investigate oil companies' behaviors

Alvaro Bedoya will be confirmed to the U.S. Federal Trade Commission (FTC) this week, Senate Majority Leader Chuck Schumer said on Sunday, giving the agency enough votes to investigate oil companies Democrats say are "gouging" consumers with high gasoline prices.

Vice President Kamala Harris will be on hand to break an expected 50-50 Senate tie over Bedoya's nomination, giving Democrats a 3-2 majority among FTC commissioners. Currently, there are two Democrats and two Republicans, resulting in deadlocks.

"He (Bedoya) will give Lina Khan and the FTC the majority to go after the oil companies and go after gouging," Schumer said during a press conference in New York City. Khan, a Democrat, chairs the FTC.

Please select this link to read the complete article from Reuters.