Five board members of the Electric Reliability Council of Texas, or ERCOT, which manages most of the electric grid of the state, were expected to step down Wednesday. The board has come under withering criticism after a freezing winter storm last week that killed dozens and left more than 4.5 million customers without power, some…
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Embattled EPA Administrator Scott Pruitt Resigns
In the wake of numerous allegations of abuses of power, Scott Pruitt, the embattled administrator of the Environmental Protection Agency (EPA), resigned on Thursday.
Powelson to Leave FERC to Head National Association of Water Companies
Commissioner Robert Powelson said late Thursday that he will leave FERC in mid-August to become president and CEO of the National Association of Water Companies.
LaHood to Step Down as Transportation Secretary
Ray LaHood, who made pipeline safety a priority during his four years with the Obama administration, will resign as secretary of the Department of Transportation (DOT) when his successor is confirmed.
Sommers to Resign from CFTC
Commodity Futures Trading Commissioner (CFTC) Jill Sommers, one of two Republicans at the agency, Thursday told President Obama that she plans to resign at the end of the first quarter, more than a year before her current term ends.
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Commodity Futures Trading Commissioner (CFTC) Jill Sommers, one of two Republicans at the agency, informed President Obama that she plans to resign at the end of March, more than a year before her current term ends. Sommers, who has not indicated what she may do once she leaves the CFTC, said she wants to remain at the Commission until it approves the last group of Dodd-Frank rules to reform the derivatives market. She and Commissioner Scott O’Malia, the only other Republican, often joined forces to oppose proposals supported by the majority. Sommers joined the CFTC in August 2007 for a term that expired in April 2009. She was renominated by Obama to serve a second term, which is scheduled to end in 2014. “Jill has worked to bring common-sense swaps market reforms to life and to safeguard the integrity of the futures market. [She] has been essential to these…efforts. I wish [her] well in all of her future pursuits,” said CFTC Chairman Gary Gensler. Sommers has worked in the commodity futures and options industry throughout her career. In 2005, she was the policy director and head of government affairs for the International Swaps and Derivatives Association and prior to that she worked in the government affairs office of the Chicago Mercantile Exchange (CME), helping to draft the Commodity Futures Modernization Act of 2000. Since the five-member Commission is limited to three members from a single party and the it currently has three Democrats, Sommers’ successor would have to be a Republican or from another party.
Jackson to End Tenure as EPA Administrator
Environmental Protection Agency (EPA) Administrator Lisa Jackson has announced her intention to resign after President Obama’s State of the Union speech, bringing to an end a sometimes tumultuous four-year tenure.
Jackson to End Tenure as EPA Administrator Next Month
Environmental Protection Agency (EPA) Administrator Lisa Jackson said Thursday she will resign from that position after President Obama’s State of the Union speech next month, bringing to an end a sometimes tumultuous four-year tenure.
Jackson to Step Down as EPA Administrator
Environmental Protection Agency (EPA) Administrator Lisa Jackson said Thursday she will resign from that position after President Obama’s State of the Union speech next month, bringing to an end a sometimes tumultuous four-year tenure.
Quebec Premier Takes Heat for Not Imposing Shale Moratorium
An online petition calling on Quebec Premier Jean Charest to resign for not placing a moratorium on shale gas development in the province, among other things, had surpassed more than 224,000 signatures as of Monday afternoon.