Trump Demotes Top Energy Regulator as Re-Election Hopes Dim

  • FERC’s Chatterjee has endorsed carbon pricing, energy storage
  • Reshuffle could halt agency’s carbon-pricing initiative

Neil Chatterjee.

Photographer: F. Carter Smith/Bloomberg
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President Donald Trump demoted the top U.S. energy regulator as his prospects to secure a second presidential term dimmed.

The White House replaced Neil Chatterjee as chairman of the Federal Energy Regulatory Commission, a position he’s held for past two years. Fellow Republican Commissioner James Danly will now lead the agency, according to a statement late Thursday. Chatterjee tweeted that he plans to serve out his term as a commissioner through June.