FERC Chairman Neil Chatterjee, who recently oversaw the agency’s efforts to encourage regional carbon pricing mechanisms, has been demoted and President Trump has named James Danly, the Commission’s other sitting Republican, as the new chief.


Chatterjee, a former energy policy adviser to Senate Majority Leader Mitch McConnell (R-KY), joined the Federal Energy Regulatory Commission in August 2017. Chatterjee’s term at FERC is set to expire at the end of June.

Danly offered nothing but praise for his colleague and the work accomplished during Chatterjee’s time at the helm. Chatterjee served as acting chairman in late 2017 before returning to the role in October 2018.

“I have learned a tremendous amount from his expertise and insight, and I am proud of the work we’ve...