Andrew N. Ferguson has been appointed as the Chairman of the Federal Trade Commission (FTC) by President Trump, with the announcement made on January 20, 2025.

In his statement following the appointment, Chairman Ferguson expressed gratitude for the trust placed in him by President Trump. "I am honored that President Trump chose me to lead the Federal Trade Commission," he stated. He further added, "Under the President’s leadership, we will end the previous administration’s assault on the American way of life, and we will usher in a new Golden Age for American businesses, workers, and consumers."

The FTC's role is to promote competition and protect and educate consumers. The commission emphasizes that it will not demand money or make threats and advises against transferring money or believing promises of prizes. Consumers can find more information on consumer topics and report scams at ReportFraud.ftc.gov. Updates from the FTC are available through social media channels, blogs, and press releases.