The FTC has served as an independent regulator, protecting consumers and racking up big wins for Americans from stopping overpriced insulin to banning predatory noncompete agreements and policing illegal collection, use, and sale of Americans' sensitive personal information.
The FTC has five commissioners, with 3 from the President's political party.
Commissioners can only be fired for cause, and not just because the President doesn't like their opinions. This keeps things balanced.
Trump, in an unprecedented first, illegally fired the Democratic commissioners of the FTC, destroying the balance in an "independent" regulatory agency and giving Republicans 100% control.
Given Republican priorities, this move directly helps large corporations and billionares at the expense of average Americans.