Senate Criticizes FCC Chair for Approving Nexstar-Tegna Merger
The ranking members of the Senate Commerce Committee criticized the head of the Federal Communications Commission, FCC, specifically related to his approval of Nexstar Media's (NXST) merger with Tegna (TGNA) without a vote of the full commission, Kelcee Griffis of Bloomberg reports. Senator Ted Cruz, a Texas Republican, and Senator Maria Cantwell, a Washington Democrat, told FCC Chairman Brendan Carr he improperly allowed staff to green-light the merger, which waived major anti-consolidation rules, according to a letter reviewed by Bloomberg.
