What powers does the FTC have?
The FTC was created by, and receives its powers from, federal statute; specifically, an Act of the U.S. Congress popularly known (simply enough) as the “Federal Trade Commission Act” or “FTC Act.” The text of the FTC Act may be found at 15 U.S.C. §§ 41-58 (that’s Title 15 of the United States Code, at Sections 41 through 58, for those unfamiliar with legal citation formats).