By Reuters Staff
2 Min Read
FILE PHOTO: U.S. Federal Trade Commission (FTC) Chairman Joseph Simons testifies at Senate Appropriations Subcommittee hearing on the proposed budgets for the FCC and the FTC on Capitol Hill in Washington, U.S., May 7, 2019. REUTERS/Clodagh Kilcoyne
WASHINGTON (Reuters) - U.S. Federal Trade Commission Chairman Joseph Simons said on Tuesday that he would resign effective Jan. 29, along with members of his senior staff.
Simons, who announced his departure in a news release, did not say why he was leaving, but the FTC’s chief typically leaves when a new administration comes in.
The five-member FTC is also losing Democratic Commissioner Rohit Chopra, who has been nominated to head the Consumer Financial Protection Board.