On November 20, 1934 the Associated Press released a detailed story about Roosevelt's National Power Policy Committee (NPPC). Roosevelt set up the NPPC on July 29, 1934 to review and report on the FTC's massive electric industry investigation. Roosevelt picked Securities and Exchange Commissioner and former judge Robert E. Healy, who had also been in charge of the FTC's electric investigation, to lead the NPPC review. The article disclosed all of the administration's legislative plan two months before the NPPC or the FTC had released their reports or recommendations on the electric industry.