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FTC chair says agency will shrink staff to fit current funding, pledges law‑enforcement focus
Summary
FTC Chairman Andrew Ferguson told the House Appropriations subcommittee the agency is reducing headcount and contract spending to match current appropriations and will prioritize investigations and litigation over new rulemaking.
Washington — Federal Trade Commission Chairman Andrew Ferguson told the House Appropriations subcommittee that the FTC is reducing staff and cutting contract spending to bring the agency in line with current congressional funding.
Ferguson, testifying at an oversight hearing, said the agency is pursuing voluntary separations rather than layoffs and aims for roughly 1,100 full‑time employees under the current continuing resolution. “The levels that this committee chooses to fund us, we will maximize the American taxpayers’ return on investment,” Ferguson said. He added that the agency has reduced contract spending by more than $6,000,000 this fiscal year and is building internal data infrastructure to avoid…
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