McDowell FCC Nomination Hearing Slated

[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
The Senate Commerce Committee will consider on Thursday the nomination of Robert McDowell for an open seat on the Federal Communications Commission. The hearing begins at 3:15pm (eastern). Multichannel News says reported assets of between $493,000 and $1.5 million on his executive-branch financial disclosure filed in February with the U.S. Office of Government Ethics. McDowell’s assets can't be pinpointed because the disclosure forms provided boxes to check that include ranges in property values -- for example, $15,001-$50,000 and $500,001-$1 million. In addition to real estate holdings, McDowell reported that a substantial portion of his assets were held in mutual-fund retirement accounts. Individual stock holdings included up to $15,000 in shares of Intel Corp. He reported a mortgage of between $15,001 and $50,000 as his only financial liability. McDowell, a Virginia resident, is senior vice president and assistant general counsel of COMPTEL, a trade group representing rivals to the Baby Bells. His 2005 salary was $209,000, according to his disclosure.
For more info on the nomination hearing, see: http://commerce.senate.gov/hearings/witnesslist.cfm?id=1794
http://www.broadcastingcable.com/article/CA6313456?display=Breaking+News&referral=SUPP
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* FCC Nominee McDowell Reports Assets
http://www.multichannel.com/article/CA6313000.html?display=Breaking+News
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