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View Full Version : Good Riddance: FCC Chairman Michael Powell To Resign Post Today


lizchris
Jan 21st, 2005, 01:51 PM
http://msnbcmedia.msn.com/j/msnbc/Components/Photos/050121/050121_mpowell_vsml_7a.vsmall.jpg
Joe Cavaretta / AP



FCC chairman to resign Friday, CNBC confirms

Reasons for Michael Powell's departure are not yet known

Michael Powell was named FCC chairman in 2001 by President Bush after serving as a commissioner since 1997.



BREAKING NEWS
MSNBC staff and news service reports
Updated: 9:46 a.m. ET Jan. 21, 2005


NEW YORK - Federal Communications Commission Chairman Michael Powell will step down from his post Friday, CNBC confirmed.

Early Friday, The Wall Street Journal reported The FCC top man — son of outgoing Secretary of State Colin Powell — would resign. The editorial cited no reason, nor did it name a source for the information.

An FCC spokesman was not immediately available to comment.

Powell, a Republican was named chairman in 2001 by President Bush, after serving as a commissioner since 1997.

Some of the issues that have come to the forefront during his tenure include the concentration of media ownership among a smaller number of companies and regulations that govern telecommunications competition.

Reuters contributed to this report.

lizchris
Jan 21st, 2005, 02:12 PM
Word is the reason for his regisnation is that he wants to run for governor of Virginia.:rolleyes: