Trump has promised a more crypto-friendly administration. The present-elect named regulatory hawk and crypto advocate Paul Atkins as Gensler’s replacement, while former PayPal COO David Sacks rode a wave of conservative internet stardom to become the White House’s first AI and crypto czar.

Newsweek sought email comment from the FTC and its outgoing chairwoman, Lina Khan, on Friday. The flurry of lawsuits before the change to a GOP administration underscore the tension within the FTC between pro-regulation Democrats and anti-regulation Republicans.

It takes effect Tuesday but its fate is already in doubt. The new FTC rule faces legal challenges and possible opposition from Trump administration.

Trump attacked Big Tech throughout much of his first term for what he perceived as online bias against conservatives. His attempts to reduce content moderation on social media stalled in late 2020 as GOP regulators questioned the legality of them.

Looking ahead, some analysts think the stock market will keep soaring as Trump pushes for deregulation and tax cuts during his second term. For instance, while on the campaign trail, he proposed lowering the corporate tax rate to 15% for domestic manufacturers. That could boost net profit margins and send the stock market higher.

Donald Trump has appointed several pro-crypto Republicans to top regulatory roles. Caroline Pham was named acting CFTC chief. Pham, a long-time crypto advocate, brings four

As Donald Trump begins his second term as US president, here’s how Big Tech leaders have reshaped their relationship with him.

Lina Khan, the former head of the U.S. Federal Trade Commission under President Joe Biden, has announced her resignation in the coming weeks. Republican Commissioner Andrew Ferguson has been appointed as the new chair following President Donald Trump's assumption of office.

Agency commissioners voted unanimously on Tuesday to publish the report, which makes similar allegations against the controversial drug middlemen as the agency’s first report released last summer — but relies on more data.

Melania Trump said she will be bringing back her 'Be Best' campaign during her second stint as first lady after Donald Trump assumes office

The industry says it keeps down the cost of prescription drugs, but critics say it's profiting at the expense of patients.