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Are they holding these positions simultaneously?

Usually not. They jump from gov to private and back.

This happens with other agencies as well. FDA is full of future and past heads from agro-businesses and pharma companies. FCC is full of people from cable and satellite companies and so on.

This is capitalism at work. Achieve success by whatever means possible. The easiest means is the get in the position to re-write rules and police yourself.

That's what you get with term limits.

Unless the people writing legislation are the ones doing it so they never pass the bill to change term limits.

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