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Powell was an officer in the United States Army, but was unable to serve sustaining an injury during a training mission which left him spending year in the hospital. He also served as an expert advisor to the Secretary of Defense.
After attending law school, Powell worked as a private attorney as well as in the antitrust division of the justice department.
As the chairman of the FCC, Powell has been a proponent of relaxing regulations on media ownership. On 2 June 2003, the FCC, under Powell's direction, approved rule changes to do just that (see concentration of media ownership).