(OCRegister.com) Once, Michael Peevey was president of Edison International and Southern California Edison Company.
Today, he is president of the California Public Utilities Commission, where he regulates his former company.
Is that a problem?
State Sen. Leland Yee, D-San Francisco, thinks so. This week the senator introduced legislation that would put an end to the “revolving door” between the California Public Utilities Commission and utility companies.
Specifically, Senate Bill 981 would prevent commissioners and high-ranking commission employees from taking a job with a regulated utility for two years after leaving the agency. The bill also would prevent anyone who worked for a regulated utility in the past two years from working on the commission.