FCC Chairman to Resign

FCC's Powell to resign

An agency official says that FCC Chairman Michael Powell plans to step down.

Powell was appointed as a commissioner seven years ago and appointed chairman by President Bush in January 2001. His tenure at the Federal Communications Commission has been marked by a push to deregulate telecom and media. The most dramatic moves have involved the indecency issue, such as the fallout from last year's Janet Jackson Super Bowl appearance and fining of radio personality Howard Stern. An official says Powell plans to issue a statement but is not expected to hold a formal news conference.

The official says Powell plans to stay on the job for a time, but whether he will wait for a successor was unclear.