Julius Genachowski to step down as FCC chairman
NEW YORK (AP) - The chairman of the Federal Communications Commission, Julius Genachowski, is resigning in the "coming weeks."
The country's top telecommunications regulator told a staff meeting of his decision Friday morning. His impending departure was reported Thursday by several news outlets.
The 50-year-old Genachowski has hewed a middle line between the desires of public-interest groups and the telecom industry, which hasn't enamored him to either side.
His departure will follow that of Republican Robert McDowell, which leaves the five-member commission with a 2-1 Democratic majority until President Obama appoints a new chairman and commissioner.