FCC Chairman Powell to Step Down

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WASHINGTON, D.C. Federal Communications Commission Chairman Michael Powell plans to resign today, an FCC representative confirmed this morning.

Powell, 41, a Republican, has been at the FCC since 1997, the last four years as chairman. His term expires in 2007, but there has been widespread speculation he would move on following President Bush’s second inauguration, an event that took place yesterday.

Powell’s tenure has been marked by pushes to deregulate the telecommunications and media industries, as well as fights over issues of on-air decency with the likes of shock jock Howard Stern.



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