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The discussions with Price, who was appointed to Channel 4's board in 2010, are understood to be purely as a backstop measure if the recruitment process takes longer than anticipated.
It has asserted their importance as a "backstop" measure of an institution's financial health, which is entirely proper since the ratio of equity to overall assets is an excellent starting point for a regulator.
A federal appeals court on Monday agreed to keep on hold President Barack Obama's executive order on immigration -- nearly a year after he announced it as a backstop measure to Congress' failure to enact comprehensive immigration reform.
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Now I don't have full confidence in our ability to do that, and I think we do need some backstop measures, including setting up protected areas.
The regulator said it was still discussing with governments "remedial backstop measures that member states will put in place to address any weaknesses that the stress test may reveal".
Connolly said the findings debunked warnings that the backstop – a measure to avert a hard border between Northern Ireland and the Republic of Ireland – would create significant barriers between Northern Ireland and Britain.
She said she would tell May and leaders in Dublin that there should be no backstop, a measure which ensures there is no hard border on the island of Ireland if the UK and EU fail to establish formal trade and security arrangements.
Former Brexit Secretary David Davis told BBC Radio 4's Today programme the way forward was to address the controversial Irish backstop - a measure to avoid the return of a hard border on the island of Ireland.
A coalition of civil rights groups, Democratic lawyers and the Obama administration has scored significant victories in overturning strict voting laws, highlighting how the death of Justice Antonin Scalia has removed the Supreme Court as a crucial conservative backstop for such measures.
Almost everyone agrees that the backstop must be a temporary measure, but no one wants to say so in law.
The backstop is a last resort measure to ensure an open border between the Republic of Ireland and Northern Ireland.
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