Michael Powell to Leave FCC

Anonymous Slashdotter writes "Michael Powell, chairman of the FCC, will be stepping down from his post soon. 'Powell, who maintained a light regulatory hand as the nation's chief media watchdog but collected some of the largest indecency fines against U.S. broadcasters, planned to issue a statement Friday but was not expected to hold a formal news conference, these officials said, speaking on condition of anonymity.'"