Justice Lewis Powell delivers 8-1 majority opinion in Central Hudson Gas & Electric Corp. v. Public Service Commission of New York (447 U.S. 557), striking down New York ban on utility promotional advertising and establishing four-part “Central Hudson test” for commercial speech …
Lewis F. Powell Jr.Supreme Court of the United StatesCentral Hudson Gas & Electric CorporationNew York Public Service Commissioncommercial-speech-rightscentral-hudson-testcorporate-advertising-rightspowell-memo-implementationutility-regulation+1 more
President Franklin D. Roosevelt signs the Public Utility Holding Company Act (PUHCA) into law on August 26, 1935, based on the 1928-1935 Federal Trade Commission investigation of the electric industry that exposes widespread abuses by large multistate utility corporations. The Act addresses …
Franklin D. RooseveltFederal Trade CommissionElectric Utility IndustrySecurities and Exchange Commission (SEC)utility-regulationnew-dealanti-monopolyregulatory-victorycorporate-restructuring+1 more
President Roosevelt creates the Rural Electrification Administration (REA) by executive order on May 11, 1935, establishing a federal program to extend electricity to rural areas that private utility companies had refused to serve. At the time of REA’s creation, only 10 percent of American …
Franklin D. RooseveltMorris Cookeprivate utility companiesfarmer cooperativesRural Electrification Administrationnew-dealpublic-powerrural-developmentutility-regulationcooperatives
President Roosevelt signs the Tennessee Valley Authority Act on May 18, 1933, creating a federally-owned corporation to provide electricity, flood control, navigation improvements, and economic development across seven Southern states in the Tennessee River watershed. The TVA represents the most …
Franklin D. RooseveltGeorge NorrisU.S. CongressTennessee Valley Authorityprivate utility companies+2 morenew-dealpublic-powerutility-regulationcorporate-resistanceregional-development