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FTC can’t afford to fight Amazon’s allegedly deceptive sign-ups after DOGE cuts | FTC says credit card charges are capped at $1, amid other budget shortfalls.
FTC says credit card charges are capped at $1, amid other budget shortfalls.
According to the FTC's attorney, Jonathan Cohen, the agency needs two months to prepare beyond the September 22 start date, blaming recent "staffing and budgetary shortfalls" stemming from the Trump administration’s Department of Government Efficiency (DOGE), CNBC reported. "We have lost employees in the agency, in our division, and on our case team," Cohen said, explaining that "there is an extremely severe resource shortfall in terms of money and personnel," Bloomberg reported. Cuts are apparently so bad, Cohen told Chun that the FTC is stuck with a $1 cap on any government credit card charges and "may not be able to purchase the transcript from Wednesday’s hearing," Bloomberg reported.
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