Julius Genachowski to step down as FCC chairman

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NEW YORK (AP) - The chairman of the Federal Communications Commission, Julius Genachowski, is resigning in the "coming weeks."

Julius Genachowski will setp down as FCC chairman. (Photo courtesy UN mission via Flickr)

The country's top telecommunications regulator told a staff meeting of his decision Friday morning. His impending departure was reported Thursday by several news outlets.

The 50-year-old Genachowski has hewed a middle line between the desires of public-interest groups and the telecom industry, which hasn't enamored him to either side.

His departure will follow that of Republican Robert McDowell, which leaves the five-member commission with a 2-1 Democratic majority until President Obama appoints a new chairman and commissioner.

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