*Pages 1--1 from Microsoft Word - 28527* NEWS News media Information 202 / 418- 0500 Fax- On- Demand 202 / 418- 2830 TTY 202/ 418- 2555 Internet: http:// www. fcc. gov ftp. fcc. gov Federal Communications Commission 445 12 th Street, S. W. Washington, D. C. 20554 This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action. See MCI v. FCC. 515 F 2d 385 (D. C. Circ 1974). FOR IMMEDIATE RELEASE News Media Contact: June 13, 2003 David Fiske (202) 418- 0513 Richard Diamond (202) 418- 0506 Statement of FCC Chairman Michael K. Powell on the Introduction of the FCC Reauthorization Act of 2003 I applaud and support Senator McCain’s introduction of the FCC Reauthorization Act of 2003. The bill contains several provisions that I have long advocated. Increased enforcement authority and penalties, clarifications to the biennial review standard and timing, and important bankruptcy provisions will make the FCC a more effective agency. I look forward to working with the Senate Commerce Committee on these and other important telecommunications issues. - FCC - 1