Federal Trade Commission

Justice Department calls on states to investigate gas prices

July 3 (UPI) — The Justice Department on Friday called on states to investigate whether businesses and individuals are artificially inflating gas prices amid complaints from President Donald Trump that costs are too high.

Associate Attorney General Stanley Woodward Jr. along with Federal Trade Commission Chairman Andrew Ferguson sent a letter to state attorneys general asking them to join federal investigators in probing potentially illegal practices.

“Recent volatility in crude oil prices does not suspend either the antitrust laws or state consumer protection laws, and it does not authorize companies to manipulate retail prices or collude with their competitors,” the letter read.

“We also encourage State Attorneys General to use all tools available under your state laws to investigate and prosecute any misconduct causing unjustified prices increases — particularly conduct that violates state antitrust and consumer protection statutes.”

Gas prices have been on the rise since late February when the United States and Israel began attacks on Iran. Tehran, in return, largely shut down the Strait of Hormuz to traffic, crippling the the transport of oil through the waterway. About one-fifth of the world’s gas supplies pass through the strait.

An agreement between the United States and Iran reopened the strait, but Trump took to Truth Social on June 23 to complain that gas prices had not dropped fast enough.

“The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” he wrote. “Those prices are dropping like a rock! In other words, customers are being ‘gouged.’

“I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I’m seeing!”

AAA reported Friday that the current national average gas price was $3.82 per gallon for regular gasoline, down from $4.26 a month prior. One year ago, it was $3.16 per gallon.

Source link

Supreme Court allows Trump FTC firing, blocks Lisa Cook’s firing

June 29 (UPI) — The U.S. Supreme Court ruled Monday that Congress’ restriction of the president from firing independent agency employees without cause violates the separation of powers.

The court upheld President Donald Trump‘s firing of Rebecca Slaughter, a Democratic member of the Federal Trade Commission, overturning 90 years of precedence. The ruling came down along ideological lines with the conservative majority upholding Slaughter’s firing in a 6-3 decision.

Writing the majority opinion, Chief Justice Roberts said Congress’ “for cause” removal protections, meant to shield independent agencies from political influence, violate the separation of powers.

“What text, history, and structure settle, our precedent confirms — the president may remove his subordinates at will,” Roberts wrote.

Justice Sonia Sotomayor wrote in the minority opinion that the decision has given the president “far greater power than ever before.”

“It is a power, however, that neither the People, nor Congress, nor the Constitution bestowed upon him. In granting the President this unbridled authority, the Court upends its precedent, misconstrues our history, and sheds any pretense of judicial modesty. I respectfully dissent.”

The court’s decision upends the precedent set in 1935 in the case Humphrey’s Executor vs. United States. The high court in that case ordered that Congress could restrict the president from firing members of the FTC without cause.

“Although it is up to the Senate to decide whether to confirm those with whom the President would prefer to work with, neither Congress nor the courts may saddle him with those with whom he cannot work,” Roberts wrote. “Subordinates who exercise the President’s power are subject to removal by him. Then, and only then, can they remain accountable to the President, and the President to the people.”

While the high court allowed Trump to fire Slaughter, it rejected his bid to fire Fed Governor Lisa Cook from the Federal Reserve for the moment.

Trump attempted to pause a federal court ruling that prevented him from firing Cook last year. A lawsuit was filed challenging the attempt. In a 5-4 ruling Monday, the Supreme Court rejected the attempt by Trump.

Roberts penned the majority opinion in this case as well, joining the three liberal justices and conservative Justice Brett Kavanaugh.

“Not only the fact of independence but also the appearance of independence is key to the Federal Reserve’s design,” Roberts wrote.

White House Border Czar Tom Homan speaks during the Faith and Freedom Coalition 2026 Road to Majority Policy Conference at the Washington Hilton on Friday. Photo by Bonnie Cash/UPI | License Photo

Source link

Vance hosts event with Republican state attorneys general

May 26 (UPI) — Vice President JD Vance hosted a meeting Tuesday afternoon with state attorneys general as part of his task force on fraud.

The event was largely attended by only Republican officials, however, because the task force invited attorneys general from the Democratic party with less notice than their Republican peers, Politico reported.

The Democratic attorneys general were invited to the meeting Friday, with a deadline to respond by Saturday. Republicans were invited about a week earlier. The 24 Democrats affected by this wrote Vance a letter declining the invite, CNBC reported.

“While we would appreciate the opportunity to engage in serious discussions, the invitation was provided with less than one business day’s notice with no agenda,” the letter said. “This short notice does not match the spirit of collaboration that has long defined our joint efforts with federal partners. Accordingly, we respectfully decline to attend at this time.”

When President Donald Trump announced Vance’s role as “fraud czar” in April, he said the investigations would center on Democrat-run states.

Vance on Tuesday said that in two months, the task force has “exposed billions of dollars in benefits that had been stolen from the American people.”

“We referred over $22 billion in fraudulent small business loans back to the Treasury for collection,” he said. “We deferred more than $1.3 billion in fraudulent Medicaid reimbursements that were coming from various states, particularly California. We put a six-month hold on enrollments for new hospice and home health care providers, because so many of the newer hospice providers were not actually providing hospice services but were just focused on fraud.”

About 15 Republican attorneys general attended, as did Federal Trade Commission Chairman Andrew Ferguson and White House adviser Stephen Miller.

In a press release, the White House said Trump and Vance are “unleashing an unrelenting, full-scale assault on the fraudsters, scammers and corrupt operators who have looted billions from American taxpayers.” The release included a list of alleged fraud cases and actions, including many instances focused on Minnesota and California. No Republican-led states were cited.

President Donald Trump leaves the White House on Tuesday. Trump is traveling to Walter Reed National Military Medical Center for his annual physical. Photo by Will Oliver/UPI | License Photo

Source link