FCC chair rejects Trump call to pull ABC licenses over presidential debate

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FCC chair rejects Trump call to pull ABC licenses over presidential debate
Broadcast LicensesPresidential DebateDisney-Owned ABC
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The chair of the Federal Communications Commission rejected former U.S. President Donald Trump's suggestion that Walt Disney-owned ABC should lose its...

WASHINGTON - The chair of the Federal Communications Commission rejected former U.S. President Donald Trump 's suggestion that Walt Disney-owned ABC should lose its broadcast licenses over the network's moderating Sept. 10 presidential debate .

The FCC, an independent federal agency, does not license broadcast networks, but issues them to individual broadcast stations that are renewed on a staggered basis for eight-year periods.Masimo Corp shareholders elected both director candidates proposed by veteran activist investor Quentin Koffey's hedge fund Politan Capital Management, in one of the most contentious boardroom battles of the year.

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