FTC terms work like that, a replacement for a commissioner who leaves mid-term only gets the time remaining on the original appointment, not a new full 7 years.

FTC terms work like that, a replacement for a commissioner who leaves mid-term only gets the time remaining on the original appointment, not a new full 7 years. But they also can hang on past the nominal end date until a successor is actually confirmed. The prior chairman, Joseph Simons, had this same seat that Khan has now, so for him his term was also nominally set to expire September 2024. He resigned when the administration changed over in 2021.