Ferguson is President-Elect Donald Trump’s nominee to lead the U.S. Federal Trade Commission (FTC). Most recently an FTC commissioner, Ferguson replaces Democrat Lina Khan and does not need to be confirmed by the Senate to become chair. Meador is a partner at Kressin Meador Powers LLC, and former solicitor general of the Commonwealth of Virginia, who has worked in antitrust for the FTC and the U.S. Department of Justice. In his role, the Republican lawyer will oversee and regulate the residential real estate sector to ensure fair competition and protect consumers.