Federal Trade Commission Governance Reform Act

This bill amends the Federal Trade Commission Act to establish a new quorum requirement for specific Commission activities. It mandates that the Commission must maintain a quorum of not fewer than three Commissioners before undertaking any action that establishes, revises, or rescinds generally applicable policy, guidance, or interpretations concerning the administration or enforcement of any law it oversees.

Such actions explicitly include initiating or completing rulemaking proceedings under various authorities, as well as adopting, amending, or rescinding policy statements, interpretive rules, industry guides, or enforcement policy statements. This measure aims to ensure broader consensus on significant policy and enforcement decisions made by the Commission. The provisions of this amendment are slated to take effect on January 20, 2029.