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Robert f powelson

Robert F. Powelson departed Aug. 11, 2018

Federal Energy Regulatory Commission (joined: Aug. 3, 2017)

Member | Financial Disclosure »

Bio, via Federal Energy Regulatory Commission:

Commissioner Robert F. Powelson was nominated to the Federal Energy Regulatory Commission by President Donald J. Trump in May 2017, and confirmed by the U.S. Senate on August 4, 2017. Commissioner Powelson came to FERC from the Pennsylvania Public Utility Commission, where he served since June 2008, and led as Chairman from February 24, 2011-May 7, 2015. Under Commissioner Powelson's leadership, Pennsylvania ratepayers have had an active voice on issues such as nuclear power production, renewable investment, broadband deployment, infrastructure development, unaccounted-for water and cyber security. In 2011, Commissioner Powelson served on Pennsylvania’s Marcellus Shale Advisory Commission, which reviewed the Commonwealth’s existing statutes, regulations and policies and provided recommendations to develop a comprehensive strategic proposal for the responsible and environmentally sound development of Marcellus Shale. Powelson is past president of the National Association of Regulatory Utility Commissioners, where he also was a member of the Board of Directors. He served as chairman of the NARUC Committee on Water and represented the Water Committee on NARUC’s Task Force on Climate Policy. He was active in NARUC activities involving critical infrastructure and nuclear waste disposal. Commissioner Powelson worked very closely with NARUC leadership on aggressive pipeline safety standards with the U.S. Pipeline and Hazardous Materials Safety Administration. Prior to joining the Pennsylvania PUC, Powelson served as president of the Chester County Chamber of Business & Industry. In 2005, he was selected by the Eisenhower Presidential Fellows to be a U.S. fellow in Singapore and Australia. His previous employment includes service as the director of Government Relations for the Delaware County Chamber and staff assistant to former Congressman Curt Weldon. A native of Pennsylvania, Powelson is a graduate of St. Joseph’s University and received a Master of Governmental Administration degree from the University of Pennsylvania.

See more financial disclosure details ⬇

Employment Assets

Description Value Income
Pennsylvania Public Utility Commission $174,942
Pennsylvania State Employees Retirement System Defined Benefit Plan $1,000,001 - $5,000,000 None (or less than $201)
Vanguard-Rollover IRA (separate income for underlying holdings is not readily ascertainable) $201 - $1,000
Vanguard Total International Bond Index Fund, Admiral Shares $50,001 - $100,000
Vanguard Total International Stock Index Fund, Admiral Shares $50,001 - $100,000

Other Income/Assets

Description Value Income
Capital One Financial Brokerage Account
WSFS Financial Corporation - Common Stock $1,001 - $15,000 $201 - $1,000
Pennsylvania College Savings Plan (Dependent Child 1) (separate income from underlying holdings not readily ascertainabale) $1,001 - $2,500
Aggressive Growth Portfolio $15,001 - $50,000
Total Stock Market Index Portfolio $1,001 - $15,000
Growth Portfolio $1,001 - $15,000
Pennsylvania College Savings Plan (Dependent Child 2) (separate income from underlying holdings is not readily ascertainable) $1,001 - $2,500
Aggressive Age-Based Growth Portfolio $15,001 - $50,000
Total Stock Market Index Porfolio $1,001 - $15,000
Growth Porfolio $1,001 - $15,000
WSFS Bank Cash Account $15,001 - $50,000 $201 - $1,000
TD Bank Cash Account $1,001 - $15,000 $201 - $1,000
Vanguard Brokerage Account - (Dependent Child 1) (income from separate underlying holdings not readily ascertainable) $201 - $1,000
Vanguard 500 Index Fund, Investory Class $1,001 - $15,000
Vanguard Morgan Growth Fund Investor Shares $1,001 - $15,000
Vanguard Prime Money Market Fund $1,001 - $15,000
Vanguard Brokerage Account (Dependent Child 2) (income from separate underlying holdings not readily ascertainable) $201 - $1,000
Vanguard 500 Index Fund, Investor Class $15,001 - $50,000
Vanguard Morgan Growth Fund Investor Shares $1,001 - $15,000
Vanguard Prime Money Market Fund $1,001 - $15,000
Vanguard Brokerage Account
Vanguard Federal Money Market Fund $15,001 - $50,000 None (or less than $201)
Vanguard Morgan Growth Fund Investor Shares $1,001 - $15,000 None (or less than $201)
Vanguard Total Stock Market Index Fund $1,001 - $15,000 None (or less than $201)

Employment Agreements and Arrangements

Employer or Party City, State Status and Terms Date
Pennsylvania State Employees Retirement System Harrisburg, Pennsylvania Defined Benefit Plan. I will continue to participate in this defined benefit plan. July 16, 2008

Liabilities

Creditor Name Creditor Type Amount Rate Year Incurred
Franklin Mint Federal Credit Union Mortgage on Personal Residence $250,001 - $500,000 3.87% 2003
Franklin Mint Federal Credit Union Exercised Line of Credit $50,001 - $100,000 3.99% 2007

Spouse's Employment Assets

Description Value Income Type Income Amount
General ReInsurance Corporation (GRC) salary, bonus
XL ReInsurance Defined Benefit Plan (value not readily ascertainable) None (or less than $201)
Fidelity Brokerage Account (income from underlying funds not readily ascertainable) Dividends $201 - $1,000
Fidelity International Enhanced Index Fund $1,001 - $15,000
Fidelity 500 Index Premium Class $1,001 - $15,000
Fidelity Brokerage Cash Acct. $1,001 - $15,000
GRC Fidelity 401(k)
American Beacon Lg Cap Value Inst (AADEX) $15,001 - $50,000 None (or less than $201)
Berkshire B ESOP $100,001 - $250,000 None (or less than $201)
Fidelity Balanced K $15,001 - $50,000 None (or less than $201)
Fidelity Real Estate INVS $15,001 - $50,000 None (or less than $201)
Fidelity US Bond Index IF $15,001 - $50,000 None (or less than $201)
Lazard Emerging Markets Equity Institutional $15,001 - $50,000 None (or less than $201)
Neuberger Berman Genesis $50,001 - $100,000 None (or less than $201)
American Funds: The Growth Fund of America - Class R-6 $15,001 - $50,000 None (or less than $201)
Vanguard Institutional Index Fund $15,001 - $50,000 None (or less than $201)
Vanguard MidCap Index Inst $50,001 - $100,000 None (or less than $201)
Vanguard Small-Cap Index Institutional $15,001 - $50,000 None (or less than $201)
Vanguard Group Brokerage Account
Vanguard Total Stock Market Index AS $100,001 - $250,000 None (or less than $201)
Vanguard Total Bond Market Index AS $250,001 - $500,000 None (or less than $201)
Vanguard Total Stock Market Fund $100,001 - $250,000 None (or less than $201)

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