
15
U.S.C. 41-51
Sec.
41. Federal Trade Commission established; membership; vacancies; seal
A commission is created and
established, to be known as the Federal Trade Commission (hereinafter
referred to as the Commission), which shall be composed of five
Commissioners, who shall be appointed by the President, by and with the
advice and consent of the Senate. Not more than three of the Commissioners
shall be members of the same political party. The first Commissioners
appointed shall continue in office for terms of three, four, five, six,
and seven years, respectively, from September 26, 1914, the term of each
to be designated by the President, but their successors shall be appointed
for terms of seven years, except that any person chosen to fill a vacancy
shall be appointed only for the unexpired term of the Commissioner whom he
shall succeed: Provided, however, That upon the expiration of his term of
office a Commissioner shall continue to serve until his successor shall
have been appointed and shall have qualified. The President shall choose a
chairman from the Commission's membership. No Commissioner shall engage in
any other business, vocation, or employment. Any Commissioner may be
removed by the President for inefficiency, neglect of duty, or malfeasance
in office. A vacancy in the Commission shall not impair the right of the
remaining Commissioners to exercise all the powers of the Commission.
Sec. 42.
Employees; expenses
Each commissioner shall
receive a salary, payable in the same manner as the salaries of the judges
of the courts of the United States. The commission shall appoint a
secretary, who shall receive a salary, and it shall have authority to
employ and fix the compensation of such attorneys, special experts,
examiners, clerks, and other employees as it may from time to time find
necessary for the proper performance of its duties and as may be from time
to time appropriated for by Congress.
With the exception of the secretary, a clerk to each Commissioner, the
attorneys, and such special experts and examiners as the Commission may
from time to time find necessary for the conduct of its work, all
employees of the Commission shall be a part of the classified civil
service, and shall enter the service under such rules and regulations as
may be prescribed by the Commission and by the Director of the Office of
Personnel Management.
All of the expenses of the
Commission, including all necessary expenses for transportation incurred
by the Commissioners or by their employees under their orders, in making
any investigation, or upon official business in any other places than in
the city of Washington, shall be allowed and paid on the presentation of
itemized vouchers therefor approved by the Commission.
Until otherwise provided by
law, the Commission may rent suitable offices for its use.
The General Accounting Office shall receive and examine all accounts of
expenditures of the Commission.