The Federal Trade Commission (FTC) was founded in 1914 to promote competition and consumer protection. It employs over 1000 people including 500 attorneys and 70 economists. The FTC is led by 5 commissioners including the chairman, who make policy decisions. The FTC's mission is carried out through its bureaus and offices focused on competition, consumer protection, economics, administration, communications, and legal counsel. It has 7 regional offices across the United States.