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US: Senate brings FTC commissioner nom closer to confirmation

By  |  November 13, 2013

Current Department of Justice chief counsel for competition policy Terrell McSweeny took a step closer to being confirmed as the next Federal Trade Commissioner Tuesday as a Senate panel voted to advance his nomination.

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    Reports say McSweeny, who was nominated last June and is expected to meet confirmation into the position, would give Democrats the majority among FTC commissioners.

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    His nomination will now go to a full Senate vote, though a date has not been decided. The Senate Committee on Commerce, Science and Transportation approved the nomination on a voice vote.

    According to reports, the current vacancy in the FTC threatens deadlock votes, and therefore inaction, regarding pending mergers. Various big-time mergers are currently on the table for FTC review, including the proposed merger of Fidelity National Financial and Lender Processing Services, say reports.

    Full Content: Reuters

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