The chances that the new chairman of the Federal Communications Commission will investigate ISPs’ use of bandwidth caps now seem decidedly slim. Unnamed sources have told The Wall Street Journal that President Barack Obama is poised to nominate Tom Wheeler, a venture capitalist and “former top lobbyist for the cable and wireless industries” to serve as chairman of the FCC. The Journal notes that Wheeler in the past has signaled that he would have been willing to approve the now-dead merger between AT&T and T-Mobile, which puts him at odds with outgoing FCC chairman Julius Genachowski, who was instrumental in blocking the AT&T-T-Mobile deal. Obama is expected to make the announcement as soon as Wednesday, the Journal reports.

Prior to joining BGR as News Editor, Brad Reed spent five years covering the wireless industry for Network World. His first smartphone was a BlackBerry but he has since become a loyal Android user.