New Jersey Sen. Bob Menendez railed on the Senate floor about the FCC jeopardizing the offer by Soo Kim’s Standard General to buy Tegna, the owner of 64 television stations, “through, in essence, i…
The leadership of the FCC is facing a possible reshuffling as a powerful Democratic senator threatened to hold up a key confirmation if the agency didn’t vote on a stalled cable deal, sources told The Post.by Soo Kim’s Standard General to buy Tegna, the owner of 64 television stations, “through, in essence, inaction.”
New Jersey Sen. Bob Menendez demanded the FCC end stalemate and hold a vote on Soo Kim’s offer to buy Tegna.The setback left the Democratic Chair Jessica Rosenworcel essentially in control of the evenly split FCC.“My first question to any FCC nominee I meet will be what actions will you take if confirmed to expand diversity in media ownership,” Menendez said.
“He essentially said he would vote against the Starks nomination unless Starks supports a Tegna vote,” a DC insider told The Post. The Democrats hold a slim 50-49 edge in the Senate and any defection on a Starks confirmation could cost him his seat.“Losing Starks on the Commission would effectively shut down the FCC,” the Washington Analysis, a research firm, wrote after the Menendez speech.
If the Senate does not confirm Geoffrey Starks for a new term by the end of the year, he will lose his seat.The judge said she did not want to consider the motion before the financing for the heavily-leveraged Tegna merger terminates May 22.
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