Federal Trade Commission (FTC) Chairwoman Edith Ramirez, who took leadership of the commission in 2013, said she will resign effective Feb. 10. The announcement provided a lift to Herbalife Ltd., as Ramirez has been an opponent of multi-level marketing. Ramirez's departure will leave only two FTC Commissioners – one Democrat and one Republican – on a five-person governing body.
According to the New York Post, IRamirez was "urged to leave" the panel altogether by the Trump administration and not merely resign as chairwoman. She was seen as an antitrust activist given her position to block various mergers, including Office Depot (ODP) and Staples (SPLS).