Powell out at FCC

[Guns Aximbo]

NEW YORK (CNN/Money) - Federal Communications Commission Chairman Michael Powell will resign from the agency he has led for four years, sources told CNN.

A senior government official says Powell, a member of the FCC since November 1998 and the chairman since early 2001, will announce his resignation later Friday. His term on the commission runs through 2007.

FCC spokesmen were not immediately available for comment, though one person in the press office said a new release is anticipated.

Powell has been a relatively high-profile chairman of what had generally been a quiet regulatory agency before his tenure. He has pushed for increased fines for obscenity and indecent content by the nation's broadcasters and backed a change in media ownership rules that allowed for greater consolidation by the industry's largest conglomerates.

http://money.cnn.com/2005/01/21/news/newsmakers/powell_resigning/index.htm

[aden_nak]

1. Well, his daddy doesn't need him scrubbing the news anymore.

[wtmusic]

2. YEAAAHHHHHHHHH!

Buh bye, you big baby.

[Moderator]

3. duplicate topic

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=1170256&mesg_id=1170256