This bill requires the Federal Trade Commission to have at least three of its five commissioners present and voting before taking major policy actions. The legislation applies to a broad range of FTC activities, including starting or completing rulemaking procedures, adopting or changing policy statements and enforcement guidance, and issuing industry guides. The bill affects the FTC's ability to act unilaterally on regulatory matters and applies to all laws the agency enforces, such as consumer protection and antitrust rules. The measure takes effect on January 20, 2029, giving the agency time to adjust its procedures before the new quorum requirement kicks in.
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