Firstenergy News Today

No one has passed a law in Ohio to disclose the source of secretive spending that continues to influence state politics.

FirstEnergy and its allies bankrolled one of the state's largest scandals, but state prosecutors say the company should be labeled a victim.

The United States Environmental Protection Agency is closing a long-gaping loophole on coal ash disposal oversight at surface impoundments throughout West Virginia. The proposal setting up the final EPA rule has drawn criticism from West Virginia-serving utilities American Electric Power and FirstEnergy as well as the state Public Service Commission.

Ohio Gov. Mike DeWine’s claim to not know about the millions an Akron utility spent supporting his 2018 campaign for governor simply isn’t credible, an Ohio political scientist said in a recent interview. A spokesperson for DeWine pushed back. FirstEnergy provided that support, then spent more than $60 million to pass and protect a $1.3 […] The post Ohio Gov. DeWine said he didn’t know of millions in FirstEnergy support. Is it plausible? appeared first on Ohio Capital...

“The notion that he was just this fumbling, naive grandpa who has no idea about seven-figure flows (supporting) his campaign is perhaps the single most far-fetched thing he’s ever said”

Yousif Capital Management LLC trimmed its position in FirstEnergy Corp. (NYSE:FE – Free Report) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 96,405 shares of the utilities provider’s stock after selling 4,995 shares during the period. Yousif Capital […]

Next to gerrymandering, the biggest institutional driver of dangerous and destructive political misrepresentation in Ohio and across America is the U.S. Supreme Court’s disastrous 2010 Citizens United ruling allowing unbridled, dark money, pay-to-play corruption, which has now led to the biggest political bribery scandal in state history. The central feature of that criminal racketeering scheme […] The post How Citizens United cleared the way for the biggest political bribery scand...

The Pennsylvania Public Utility Commission (PUC) suspended and is investigating proposed rate increases by FirstEnergy Pennsylvania Electric Company (FirstEnerg

In the nearly four years since former Ohio House speaker Larry Householder was indicted, a cascade of stories have come to light illustrating the influence public utilities have in state politics. In just the last week, Ohioans have learned FirstEnergy funneled money to dark money groups backing Gov. Mike DeWine, Lt. Gov. Jon Husted and […] The post Ohio Democrat wants to ensure utilities’ political spending doesn’t wind up on consumers’ bills appeared first on Ohio C...

Xponance Inc. lowered its stake in shares of FirstEnergy Corp. (NYSE:FE – Free Report) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,000 shares of the utilities provider’s stock after selling 2,589 shares during the quarter. Xponance Inc.’s holdings in […]