FTC Commissioner Noah Joshua Phillips announced that he plans to resign from the Federal Trade Commission in the fall, according to various media reports. Phillips, who was appointed to the FTC by President Trump, was confirmed in April 2018.

Phillips' departure shouldn't have any immediate impact on the agency's agenda, since he's one of only two Republicans on the Democrat-controlled Commission.

In an e-mail to FTC staff announcing his planned departure, Phillips said, "Serving the American people by working with my extraordinary Commission colleagues and the incredible career staff at the agency to protect American consumers has been the honor of my lifetime. I have learned so much from all of you over the last four years, and am inspired by the commitment you bring to the incredible work of the FTC."

'Serving the American people by working with my extraordinary Commission colleagues and the incredible career staff at the agency to protect American consumers has been the honor of my lifetime" -- FTC Commissioner Noah Joshua Phillips