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Report: Trump to return Commissioner LaFleur to FERC chair

President-elect Donald Trump is set to appoint FERC Commissioner Cheryl LaFleur as chairman of the federal energy regulator, Bloomberg News reported, citing "two people familiar with the situation."

Trump is expected to make the announcement in the days after he is inaugurated as president Jan. 20, Bloomberg reported the sources as saying.

LaFleur has served as FERC chairman before. When she was appointed FERC chairman in 2014, she expressed her intent to improve capacity markets, coordinate the natural gas and electric power industries and keep the agency independent of political influence. "I think we need to be guided by our jurisdiction and the record in the cases before us and the law as it was handed down, as it's been interpreted by the courts and the precedent of the commission," LaFleur said in a 2014 interview with SNL Energy. She was succeeded by Bay in April 2015.

The potential appointment raises concerns that FERC may discontinue current Chairman Norman Bay's move to strengthen regulation of power and gas trading, the Bloomberg report said.

LaFleur was first nominated as a FERC commissioner by President Barack Obama in 2010.

SNL Energy is an offering of S&P Global Market Intelligence.