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

Jan 21st, 2005, 02:51 PM
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.

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.

Jan 21st, 2005, 03:12 PM
Word is the reason for his regisnation is that he wants to run for governor of Virginia.:rolleyes: