Lina Khan Resigns as FTC Chair, Andrew Ferguson Takes Over

Lina Khan, the youngest chair of the U.S. Federal Trade Commission (FTC), announced her resignation effective in a few weeks, marking a significant shift in leadership as President Trump takes office. Khan, appointed by President Biden, was known for her aggressive approach to antitrust enforcement, leading to high-profile lawsuits against major corporations like Amazon and investigations into Microsoft. Before her departure, she aims to complete essential administrative duties, ensuring a smooth transition as Andrew Ferguson assumes the leadership role. Critics of Khan assert her leadership style was too aggressive, while supporters highlight her successes, including blocking major mergers and revamping merger guidelines. The change in leadership signals a potential shift in regulatory focus, as Ferguson has indicated plans to diverge from Khan's agenda. Khan's tenure, while controversial, has been characterized by a push for stronger antitrust actions to address monopolization in various industries.