Michael Powell, chair of the Federal Communications Commission, is expected to propose an increase in the U.S. television cap from 35% to 45% when he presents a draft of new media ownership rules to his fellow commissioners today, this according to the Financial Times. The existing cap prevents one company from reaching more than 35% of the U.S. national television audience. Increasing the cap would allow large television networks to buy more local stations. It would also eliminate the need for Viacom, which owns CBS, and Fox to divest stations because they currently are in breach of the cap. On June 2, the FCC’s five commissioners will vote on Powell’s proposals.