Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    GuliKit Hyperlink 2 connects (almost) any controller to Nintendo Switch 2, PC and Steam Deck for $17

    With memory shortage worsening, Lenovo executive tells buyers to act fast for lowest prices

    Xiaomi Redmi K90 Ultra and K Pad 2 tipped to feature Bose-tuned speakers

    Facebook X (Twitter) Instagram
    • Artificial Intelligence
    • Business Technology
    • Cryptocurrency
    • Gadgets
    • Gaming
    • Health
    • Software and Apps
    • Technology
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Tech AI Verse
    • Home
    • Artificial Intelligence

      Read the extended transcript: President Donald Trump interviewed by ‘NBC Nightly News’ anchor Tom Llamas

      February 6, 2026

      Stocks and bitcoin sink as investors dump software company shares

      February 4, 2026

      AI, crypto and Trump super PACs stash millions to spend on the midterms

      February 2, 2026

      To avoid accusations of AI cheating, college students are turning to AI

      January 29, 2026

      ChatGPT can embrace authoritarian ideas after just one prompt, researchers say

      January 24, 2026
    • Business

      New VoidLink malware framework targets Linux cloud servers

      January 14, 2026

      Nvidia Rubin’s rack-scale encryption signals a turning point for enterprise AI security

      January 13, 2026

      How KPMG is redefining the future of SAP consulting on a global scale

      January 10, 2026

      Top 10 cloud computing stories of 2025

      December 22, 2025

      Saudia Arabia’s STC commits to five-year network upgrade programme with Ericsson

      December 18, 2025
    • Crypto

      Bernstein Discusses Bitcoin’s Weakest Bear Market Yet – “Nothing Broke”

      February 9, 2026

      Ethereum Price Hits Breakdown Target — But Is a Bigger Drop to $1,000 Coming?

      February 9, 2026

      Damex Secures MiCA CASP Licence, Establishing Its Position as a Tier-1 Digital Asset Institution in Europe

      February 9, 2026

      Bitget and BlockSec Introduce the UEX Security Standard, Setting a New Benchmark for Universal Exchanges

      February 9, 2026

      3 Meme Coins To Watch In The Second Week Of February 2026

      February 9, 2026
    • Technology

      GuliKit Hyperlink 2 connects (almost) any controller to Nintendo Switch 2, PC and Steam Deck for $17

      February 10, 2026

      With memory shortage worsening, Lenovo executive tells buyers to act fast for lowest prices

      February 10, 2026

      Xiaomi Redmi K90 Ultra and K Pad 2 tipped to feature Bose-tuned speakers

      February 10, 2026

      Baseus launches new 25,000 mAh 200W power bank with cables

      February 10, 2026

      Overwatch player count surges after name change and planned update, passing Battlefield 6

      February 10, 2026
    • Others
      • Gadgets
      • Gaming
      • Health
      • Software and Apps
    Check BMI
    Tech AI Verse
    You are at:Home»Technology»Fired FTC commissioner warns of the ‘corrupting influence of billionaires’
    Technology

    Fired FTC commissioner warns of the ‘corrupting influence of billionaires’

    TechAiVerseBy TechAiVerseMarch 20, 2025No Comments6 Mins Read2 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Fired FTC commissioner warns of the ‘corrupting influence of billionaires’
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Fired FTC commissioner warns of the ‘corrupting influence of billionaires’

    President Donald Trump’s sudden and unlawful firing of the Federal Trade Commission’s two remaining Democrats will serve the tech billionaires who backed him, not the American people, warned one of the ousted officials today.

    “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,” Commissioner Alvaro Bedoya said in some of his first live remarks since the firing, at a hearing before the Colorado state legislature. “Above all else, we need to be asking ourselves, who will win from this attempt to illegally remove us, and frankly, who will lose?”

    Bedoya and his fellow Democratic Commissioner Rebecca Kelly Slaughter were both fired by Trump on Tuesday evening in what they call an illegal removal from an independent agency. Trump’s move appears to violate the law and a longstanding Supreme Court precedent preventing the president from firing commissioners without cause. In an interview with CNBC on Wednesday, Slaughter warned that their firings are a warning for other government entities that are supposed to be independent. “If I can be fired, I don’t know why Jerome Powell can’t be fired,” she said, referring to the chair of the Federal Reserve.

    Are you a current or former FTC employee, or a US federal government worker at another agency? Reach out securely with tips from a non-work device to Lauren Feiner via Signal at laurenfeiner.64.

    Even though Bedoya and Slaughter would have served in the minority on the FTC, they’ve stressed that such a position is still critical for holding corporations to account. The agency’s current Republican chair Andrew Ferguson, however, is readily willing to cede more power to the president. As head of the executive branch, Ferguson said in a statement Tuesday, Trump “is vested with all of the executive power in our government. I have no doubts about his constitutional authority to remove Commissioners, which is necessary to ensure democratic accountability for our government.”

    Trump hasn’t made his specific reasons for the firings clear, especially since Republicans will soon have a majority on the panel anyway. White House spokesperson Taylor Rogers said in a statement that Trump “has the lawful authority to manage personnel within the executive branch. President Trump will continue to rid the federal government of bad actors unaligned with his common sense agenda the American people decisively voted for.”

    Bedoya voiced his own suspicions. “I think it’s interesting that the last public statement I made was critical of one of the men standing behind the President’s shoulder at his inauguration,” Bedoya told the Colorado legislators — referring to Amazon founder Jeff Bezos, one of numerous Big Tech CEOs that prominently attended the event.

    “It’s interesting that the last public statement I made was critical of one of the men standing behind the President’s shoulder at his inauguration”

    “I issued a statement criticizing Mr. Bezos for working his people and warehouses so fast, so hard that they literally have to put up vending machines on the warehouse floor, dispensing and capping the amount of painkillers each of those workers has to get.” He added that he’s “not alleging that this was why I was fired, but I think it’s an interesting coincidence.”

    Bedoya’s statements were made at what had been originally scheduled as a presentation about the states’ role in protecting Americans’ affordability of goods and cost of living.

    Bezos isn’t the only CEO that stands to gain from Democratic commissioners’ dismissals, Bedoya warned. Three of the tech executives who attended Trump’s inauguration — Amazon’s Bezos, X owner Elon Musk, and Meta CEO Mark Zuckerberg — each run a company that is subject to a court order or litigation from the FTC.

    While Trump has railed against “Big Tech,” the FTC recently removed guidance on its website that was critical of Amazon, Microsoft, and others. It asked to delay a consumer protection trial over Amazon’s Prime service due to staffing losses before abruptly reversing course.

    “I think we need to take a step back and ask ourselves, who will win from this effort to remove us?”

    “I am sitting as a judge in a matter in which FTC staff is trying to tighten and ramp up the privacy protections for Meta users,” Bedoya said. “I am responsible for enforcing a 20-year privacy consent decree against the company most of us know as Twitter. And I am suing Amazon, Mr. Bezos’ company, in not one, but two separate lawsuits. So I think we need to take a step back and ask ourselves, who will win from this effort to remove us?”

    More than two dozen Democratic senators, including Amy Klobuchar (D-MN), Dick Durbin (D-IL), and Maria Cantwell (D-WA), sent a letter to Trump urging him to reverse his dismissals. “This action contradicts long standing Supreme Court precedent, undermines Congress’s constitutional authority to create bipartisan, independent commissions, and upends more than 110 years of work at the FTC to protect consumers from deceptive practices and monopoly power,” they wrote. “We urge you to rescind these dismissals so the FTC can get back to the people’s work.”

    But Bedoya made a point to “stress an uncomfortable fact, which is that the issue of the corrupting influence of money in politics, I don’t think, is limited to one party.” He noted that former Democratic Vice President Kamala Harris did not commit to naming President Joe Biden’s FTC Chair Lina Khan to lead the agency again, as big business donors criticized her aggressive approach to merger enforcement, among other things. By contrast, Vice President JD Vance has actually praised Khan in the past — though that obviously didn’t lead to maintaining her position as chair. “Frankly, I think that has more than anything to do with the amount of money and big money donors that we’re giving to her campaign,” Bedoya said. “Chair Khan’s policies were wildly popular in rural America, urban America, suburban America, red, blue, you name it.”

    “This issue of the corrupting influence of billionaires in law enforcement is an issue that affects all of us,” Bedoya said.

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleMalware campaign ‘DollyWay’ breached 20,000 WordPress sites
    Next Article ‘Tesla Takedown’ protesters planning ‘biggest day of action’
    TechAiVerse
    • Website

    Jonathan is a tech enthusiast and the mind behind Tech AI Verse. With a passion for artificial intelligence, consumer tech, and emerging innovations, he deliver clear, insightful content to keep readers informed. From cutting-edge gadgets to AI advancements and cryptocurrency trends, Jonathan breaks down complex topics to make technology accessible to all.

    Related Posts

    GuliKit Hyperlink 2 connects (almost) any controller to Nintendo Switch 2, PC and Steam Deck for $17

    February 10, 2026

    With memory shortage worsening, Lenovo executive tells buyers to act fast for lowest prices

    February 10, 2026

    Xiaomi Redmi K90 Ultra and K Pad 2 tipped to feature Bose-tuned speakers

    February 10, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Ping, You’ve Got Whale: AI detection system alerts ships of whales in their path

    April 22, 2025661 Views

    Lumo vs. Duck AI: Which AI is Better for Your Privacy?

    July 31, 2025250 Views

    6.7 Cummins Lifter Failure: What Years Are Affected (And Possible Fixes)

    April 14, 2025149 Views

    6 Best MagSafe Phone Grips (2025), Tested and Reviewed

    April 6, 2025111 Views
    Don't Miss
    Technology February 10, 2026

    GuliKit Hyperlink 2 connects (almost) any controller to Nintendo Switch 2, PC and Steam Deck for $17

    GuliKit Hyperlink 2 connects (almost) any controller to Nintendo Switch 2, PC and Steam Deck…

    With memory shortage worsening, Lenovo executive tells buyers to act fast for lowest prices

    Xiaomi Redmi K90 Ultra and K Pad 2 tipped to feature Bose-tuned speakers

    Baseus launches new 25,000 mAh 200W power bank with cables

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    Welcome to Tech AI Verse, your go-to destination for everything technology! We bring you the latest news, trends, and insights from the ever-evolving world of tech. Our coverage spans across global technology industry updates, artificial intelligence advancements, machine learning ethics, and automation innovations. Stay connected with us as we explore the limitless possibilities of technology!

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    GuliKit Hyperlink 2 connects (almost) any controller to Nintendo Switch 2, PC and Steam Deck for $17

    February 10, 20262 Views

    With memory shortage worsening, Lenovo executive tells buyers to act fast for lowest prices

    February 10, 20262 Views

    Xiaomi Redmi K90 Ultra and K Pad 2 tipped to feature Bose-tuned speakers

    February 10, 20261 Views
    Most Popular

    7 Best Kids Bikes (2025): Mountain, Balance, Pedal, Coaster

    March 13, 20250 Views

    VTOMAN FlashSpeed 1500: Plenty Of Power For All Your Gear

    March 13, 20250 Views

    This new Roomba finally solves the big problem I have with robot vacuums

    March 13, 20250 Views
    © 2026 TechAiVerse. Designed by Divya Tech.
    • Home
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.