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Fortune
Fortune
Alena Botros

Trump’s FTC chair is looking to ‘combat inflation by making sure wages stay up’

(Credit: Chip Somodevilla—Getty Images)
  • In his first public appearance as Federal Trade Commission chairman, Andrew Ferguson announced a task force to protect workers and hike their pay, breaking with Republican orthodoxy.

Federal Trade Commission Chairman Andrew Ferguson announced the agency is putting a task force in place to investigate corporations violating antitrust and consumer protection laws that hurt workers earlier this week. And Ferguson has an unorthodox idea for dealing with the resurgence of inflation, which remains stubborn despite President Donald Trump’s promise to kill high prices on “day one” of his presidency.

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