FCC fights to retain its regulatory power

The Federal Communications Commission this week is working on its defense against a number of formidable foes. Congress has it out for the FCC, saying it has not evolved as quickly as the companies it regulates. But chairman William Kennard has a plan to keep the critics at bay while preserving the commission's regulatory powers.

FCC outlines plan to ward off Congress Chairman William Kennard takes the defense in Congress, attempting to ward off legislative reformers with a plan for restructuring the agency. FCC may force telcos to post rates Long distance phone companies may be required to give consumers more rate information by posting prices on the Net, under a proposal scheduled for federal approval this week. Feds detail telcos' "missing" equipment Federal regulators release details on a controversial audit of the Baby Bells, concluding that the telcos were missing or overstating close to $5 billion worth of equipment.