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F.C.C. Media Rule Blocked in House in a 400-to-21 Vote

Posted By Barry Ritholtz On July 24, 2003 @ 6:55 am In Media | Comments Disabled

Its enough to restore your faith in Democracy . . .

F.C.C. Media Rule Blocked in House in a 400-to-21 Vote [1]
The lopsided vote suggests that even the threatened Presidential veto could be easily overridden.

Kudos to William Safire [2] and Dan Gillmor [3] for gettingout in front of this one.

See also the Washington Post (House Votes to Reverse Media Ownership Rules [4]) and the Wall Street Journal (In Blow to FCC, House Votes To Limit Media Deregulation [5]).

This now sets the stage for Michael Powell’s not-so-graceful exit; He’s gone by the end of the year. Consider what players may be plucked from the ravaged media moonscape as a replacement — or does the White House go with moderate Republican and FCC member Kevin J. Martin [6] as Chair?

Martin, you may recall, voted with the 2 Dems [7] to provide the Baby Bells with substantial “unbundling” relief for lines utilizing fiber facilities, including no unbundling requirements for fiber-to-the-home loops or hybrid loops that utilize both fiber and cooper (The FCC also eliminated “line sharing” from unbundling requirements).

Martin is devloping a reputation for being a maverick; He voted against Chairman Powell on this issue. W is more of a team oriented manager, and Martin’s independence is not likely to be rewarded with a promotion.

Stay Tuned!


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2003/07/fcc-media-rule-blocked-in-house-in-a-400-to-21-vote/

URLs in this post:

[1] F.C.C. Media Rule Blocked in House in a 400-to-21 Vote: http://www.nytimes.com/2003/07/24/business/media/24FCC.html?hp

[2] William Safire : http://www.nytimes.com/2003/07/24/opinion/24SAFI.html

[3] Dan Gillmor: http://weblog.siliconvalley.com/column/dangillmor/archives/001220.shtml#001220

[4] House Votes to Reverse Media Ownership Rules: http://www.washingtonpost.com/wp-dyn/articles/A35717-2003Jul23.html

[5] In Blow to FCC, House Votes To Limit Media Deregulation: http://online.wsj.com/article_print/0,,SB105898005715206400,00.html

[6] Kevin J. Martin: http://www.fcc.gov/commissioners/martin/welcome.html

[7] voted with the 2 Dems: http://www.atnewyork.com/news/article.php/1588441

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