FERC:

Former commissioner Spitzer discusses politics of Senate confirmations, impact on commission

With the Senate taking controversial votes this week to confirm Norman Bay to be a member of the Federal Energy Regulatory Commission and to confirm Cheryl LaFleur to another five-year term, what will the politics of the Senate's deal mean for the commission's near-term effectiveness? During today's OnPoint, Marc Spitzer, a former FERC commissioner and now a partner at Steptoe & Johnson, discusses LaFleur's success rate as acting chairwoman, a role that has been extended for nine months as part of the deal, and weighs in on who could be named the next chairman of FERC.