Binz withdraws name for FERC nomination

Just how embattled was Colorado utility regulator Ron Binz, President Obama’s pick to chair the Federal Energy Regulatory Commission?

Pretty bad — he withdrew his name Tuesday, reading the writing on the wall and admitting that his confirmation was a no-go.

“It appears that my nomination will not be reported favorably by the Senate Energy and Natural Resources Committee,” Binz said in a statement.

We noted last week that  the White House was already on the hunt for a replacement, since energy trade groups and Sen. Joe Manchin (D- W.Va.), a key member of the Senate Energy and Commerce Committee had lined up against Binz .

In a statement, Senate Energy and Natural Resources Chairman Ron Wyden (D-Ore.) lamented the move. “I continue to believe Mr. Binz was well-qualified to lead the Federal Energy Regulatory Commission, and it is unfortunate that he was forced to withdraw,” Wyden said in a statement. “The next nominee should be judged on his or her merits, and not on organized PR campaigns, either for or against.”

Emily Heil is the co-author of the Reliable Source and previously helped pen the In the Loop column with Al Kamen.
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Emily Heil · October 1, 2013