Statement of Federal Trade Commission Chairman Timothy J. Muris

I plan to leave the Federal Trade Commission this summer.

Serving as Chairman of the Commission has been the greatest honor of my professional career. I deeply appreciate the trust that President Bush placed in me by providing this opportunity to serve. As I have said repeatedly, the mission of the agency is vital; the issues are fascinating; and the people are outstanding. It is a great pleasure to work with such superb fellow Commissioners and staff.

President Bush's nominee to replace me is Deborah P. Majoras. She is a highly talented and experienced lawyer, and, if confirmed by the Senate, would be an excellent Chairman. I look forward to my remaining tenure at the FTC and to a smooth transition to the next Chairmanship.