Is Powell Pondering Farewell?

Time magazine is reporting that FCC Chairman Michael Powell is ready to move on and that three of his four top aides are putting out job feelers.

The magazine quotes industry sources as saying Powell has told confidants he'd like to leave the commission by fall. Powell denies the report, according to the publication.

Former President Clinton nominated Powell to a commissioner post in 1997, and Powell was designated chairman by President Bush in January of 2001.