“While many Texans last week were worried about sky-high electric bills from February’s winter storms, the state’s sole utility commissioner was privately reassuring out-of-state investors who profited from the crisis that he was working to keep their windfall safe,” the Texas Monthly reports.
The news came in a recording of a 48-minute call in which Texas Public Utility Commission chairman Arthur D’Andrea discussed the fallout from the February power crisis with investors.
The Houston Chronicle reports D’Andrea resigned last night after the audio was released.
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