05.29.13

Cantwell Statement on Retirement of FERC Chairman Jon Wellinghoff

WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA) issued the following statement on the retirement of Federal Energy and Regulatory Commission (FERC) Chairman Jon Wellinghoff:

“Chairman Wellinghoff brought real leadership and vision to the FERC,” Cantwell said. “He deserves tremendous credit for his efforts to protect consumers from unfair rates and market manipulators, to integrate renewable energy resources, and to transform the electric grid with 21st century technologies.

“I’m particularly pleased that the FERC is enforcing the prohibition on market manipulation that I pushed for after the West Coast electricity crisis and is going after energy market manipulators on Wall Street,” Cantwell said. “I hope the next FERC Chairman will continue Chairman Wellinghoff’s legacy of aggressively policing the natural gas and electricity markets with the great team he assembled.”

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