If you thought President Obama was going to pick a consumer advocate or a community radio proponent to run the FCC, think again.
Here is how Rueters and AP describe Tom Wheeler:
“Wheeler has served as an informal adviser to Obama in recent years and has been a big fundraiser for his political campaigns. He went into the venture investing business after years at the helm of the National Cable Television Association and then the wireless industry group CTIA.”
The 5 member board is required to have only 3 members of the current president’s party. It currently has 2 Democrat women and the Republican from Indian heritage and religion.
The US Senate has a habit of holding up FCC nominations either if the President doesn’t appoint a Republican at the same time or some Senator has an unrelated beef with President.
In the interim, the FCC will be chaired by the woman from South Carolina who was chosen for the position because of her experience running a weekly newspaper targeted at blacks to make sure they voted for Democrats.
Here is the page describing him at his current private equity firm
And a list of some of his positions