Lina Khan, who headed the U.S. Federal Trade Commission under former President Joe Biden until Monday, will resign from the commission in the coming weeks, she told staff in a memo. Republican Commissioner Andrew Ferguson is now the agency's chair after President Donald Trump took office.

Lina Khan, the youngest chair of the U.S. Federal Trade Commission will resign in the coming weeks with Trump's incoming administration.

Lina Khan, known for her bold antitrust enforcement as head of the U.S. Federal Trade Commission (FTC) under President Joe Biden, announced her resignation. Her tenure was marked by efforts to curb corporate dominance,

"To my mind, all of this public input and engagement made our work sharper and helped us really set priorities and focus on what people were telling us—the biggest challenges and pain points they were experiencing in our economy,