Alvaro Bedoya criticized President Trump's firing of Democratic officials from the Federal Trade Commission, stating that the move favors billionaire interests over public welfare. Bedoya and fellow commissioner Rebecca Kelly Slaughter decried their dismissals as illegal and detrimental to independent agency integrity. Slaughter highlighted the broader implications of their firing for other government bodies, emphasizing that these actions threaten the independence crucial for effective regulation. They argued that, despite holding minority positions, their role remains vital for corporate accountability, signaling troubling trends for governance and democracy.
"I think we need to be focused on the billionaires over President Trump's shoulder at his inauguration and what this attempt will do for them."
"If I can be fired, I don't know why Jerome Powell can't be fired," Slaughter warned regarding the implications for independent agencies.
Bedoya and Slaughter stressed that their minority position on the FTC is crucial for holding corporations accountable.
Trump's firing of the FTC Democrats is said to serve the tech billionaires who backed him, contrary to the interests of the American people.
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