Latest news with #Commissioners
Wall Street Journal
22-05-2025
- Politics
- Wall Street Journal
Supreme Court Lets Trump Fire NLRB and Merit Board Members
WASHINGTON—The Supreme Court on Thursday granted President Trump's emergency request to fire federal commissioners in the face of a law prohibiting their arbitrary removal, suggesting the conservative majority is prepared to strike down Congress's power to insulate agencies from political interference. The order was unsigned, as is typical in emergency actions, but the court's ideological division was clear. The conservative majority emphasized the risk to Trump's constitutional powers that the independent commissioners posed, while the court's three liberals, in a sharp dissent, said the order allowed the president to overrule longstanding Supreme Court precedent 'by fiat.'
Associated Press
22-05-2025
- Sport
- Associated Press
College Football Playoff shifts to straight seeding model, no automatic byes for top league champs
The College Football Playoff will go to a more straightforward way of filling the bracket next season, placing teams strictly on where they are ranked instead of moving pieces around to reward conference champions. The 10 conference commissioners and Notre Dame's athletic director came to the unanimous agreement they needed Thursday to shift the model that drew complaints last season. The new format was widely expected after last season's jumbled bracket gave byes to Big 12 champion Arizona State and Mountain West champion Boise State, even though those teams were ranked ninth and 12th by the playoff selection committee.
Bloomberg
22-05-2025
- Business
- Bloomberg
CFTC Rocked by Exits and Sanctions as Crypto Reform Awaits
The high-profile departure news at the US Commodity Futures Trading Commission couldn't have come at a more turbulent time at the US derivatives regulator. Commissioner Kristin Johnson's announcement Wednesday that she planned to leave was the latest in the string of turnover news at the small but powerful agency. Two of Johnson's fellow commissioners will be gone by the end of the month and the agency's acting chairman is planning her exit to the private sector.
Yahoo
10-05-2025
- Business
- Yahoo
FTC delays enforcement of click-to-cancel rule
The Federal Trade Commission voted Friday to delay enforcement of the Negative Option Rule — known widely as the 'click-to-cancel' rule requiring companies to make it as easy to cancel a subscription as it was to sign up. The rule, which was first proposed in 2023, took aim at businesses selling physical and digital subscriptions — everything from streaming services to gym memberships — through simple signup flows, only to have customers discover later that they have to go through a much more complex or time-consuming process to cancel. Under the Negative Option Rule, businesses would not be able to force customers to cancel subscriptions through a method different from the one they used to sign up — so if you signed up with a few clicks on a company's website, you should be able cancel on their website, too. Companies are also required to provide relevant information about cancellation before they collect customers' payment information. According to the FTC, the rule went into effect on January 19, but enforcement of some provisions was delayed until May 14. Now the FTC is delaying enforcement by another 60 days, until July 14. 'Having conducted a fresh assessment of the burdens that forcing compliance by this date would impose, the Commission has determined that the original deferral period insufficiently accounted for the complexity of compliance,' the FTC said in a statement. The commission voted 3-0 to delay enforcement. The FTC traditionally has five commissioners — three from the president's party and two from the opposing party — but President Donald Trump fired the two Democratic commissioners in March. Those commissioners then sued Trump, arguing their firing violate a Supreme Court precedent that the president cannot fire FTC commissioners without cause. Despite the delay, the FTC said it will indeed begin enforcement July 14, when 'regulated entities must be in compliance.' 'Of course, if that enforcement experience exposes problems with the Rule, the Commission is open to amending the Rule to address any such problems,' the FTC added.
TechCrunch
10-05-2025
- Business
- TechCrunch
FTC delays enforcement of click-to-cancel rule
The Federal Trade Commission voted Friday to delay enforcement of the Negative Option Rule — known widely as the 'click-to-cancel' rule requiring that companies make it as easy to cancel a subscription as it was to sign up. The rule, which was first announced in 2023, took aim at businesses selling physical and digital goods — everything from streaming subscriptions to gym memberships — with simple signup flows, only to have customers discover later that they have to go through a much more complex or time-consuming process to cancel. Under the Negative Enforcement Rule, businesses would not be able to force customers to cancel subscriptions through a method different from the one they used to sign up — so if you signed up with a few clicks on a company's website, you should be able cancel on their website, too. Companies are also required to provide relevant information about cancellation before they collect customers' payment information. According to the FTC, the rule went into effect on January 19, but enforcement of some provisions was delayed until May 14. Now the FTC is delaying enforcement by another 60 days, until July 14. 'Having conducted a fresh assessment of the burdens that forcing compliance by this date would impose, the Commission has determined that the original deferral period insufficiently accounted for the complexity of compliance,' the FTC said in a statement. The commission voted 3-0 to delay enforcement. The FTC traditionally has five commissioners — three from the president's party and two from the opposing party — but President Donald Trump fired the two Democratic commissioners in March. Those commissioners then sued Trump, arguing their firing violate a Supreme Court precedent that the president cannot fire FTC commissioners without cause. Despite the delay, the FTC said it will indeed begin enforcement July 14, when 'regulated entities must be in compliance.' Techcrunch event Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | BOOK NOW 'Of course, if that enforcement experience exposes problems with the Rule, the Commission is open to amending the Rule to address any such problems,' the FTC added.
