JavaScript is off. Please enable to view full site.

Obama to nominate McSweeny to U.S. Federal Trade Commission

Obama to nominate McSweeny to U.S. Federal Trade Commission

Saturday, June 22, 2013, 15:10 GMT+7

President Barack Obama plans to nominate Terrell McSweeny, a veteran of Vice President Joe Biden's staff, to be a commissioner on the Federal Trade Commission, the White House said on Friday.

McSweeny, now chief counsel for competition policy at the Justice Department's antitrust division, would fill a Democratic slot on the five-member commission, which enforces antitrust law and laws against deceptive advertising.

The FTC normally has five commissioners, and no more than three can be from the same party.

The current vacancy was created when Edith Ramirez, a law school classmate of Obama and a Democrat, was elevated to the chairmanship after Jon Leibowitz departed in February.

The commission's other Democrat is Julie Brill. Rounding out the group are Republicans Maureen Ohlhausen and Joshua Wright.

The position requires Senate confirmation.

Because of the vacancy, there has been concern about deadlocks leading to inaction. In the case of a 2-2 vote by commissioners, the FTC takes no action.

The commission is in the process of considering several key mergers, including the proposed Office Depot Inc deal to buy rival OfficeMax Inc ; and the television ratings company Nielsen Holdings NV plan to buy Arbitron Inc , which dominates radio ratings.

Reuters

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Latest news