Kelliher To Step Down From FERC Chairmanship

Law360, New York (January 7, 2009, 12:00 AM EST) -- Federal Energy Regulatory Commission Chairman Joseph T. Kelliher announced Wednesday that he would step down on Jan. 20, allowing President-elect Barack Obama to appoint a new chairman when he takes office.

Kelliher's term would otherwise not have expired until 2012.

“It has been an honor to serve as chairman of FERC at this particular time, with the expanded power granted the agency in the Energy Policy Act of 2005,” he said. “This law gave FERC better tools to discharge its historic missions of guarding the consumer...
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