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FTC should undo Exxon, Chevron orders, Republican US Congress members say

( May 12, 2025, 22:32 GMT | Official Statement) -- MLex Summary: Republican US Representatives Jim Jordan and Scott Fitzgerald, along with Republican Senator Mike Lee — each a committee chairman overseeing antitrust — wrote to Federal Trade Commission Chairman Andrew Ferguson and Commissioners Melissa Holyoak and Mark Meador asking them to set aside and vacate two consent orders barring certain executives of Pioneer and Hess from joining the boards of directors of Exxon Mobil and Chevron, respectively. The FTC orders relied on legally questionable use of the FTC's authority, the letter said.See attached document:...

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