January 28, 1998 PRESS STATEMENT OF COMMISSIONER MICHAEL POWELL REGARDING FREE TIME FOR CANDIDATES Last night the President announced that he would formally ask this agency to act to provide free or reduced-cost television time for candidates. I acknowledge that campaign finance reform is of profound significance to the American public. I do not believe, however, that our general mandate to regulate in the public interest entitles the FCC to engage in election reform. In our democracy, the functioning of the electoral process is properly a matter for the men and women who are politically accountable to the people. It should not be the task of five un-elected regulators, without a specific grant of statutory authority. - FCC -