However, there is more work to be done to bring Communications Policy into the future and that includes following the worlds spectrum and managing the impact on local broadcasters and building on wireless success with the next generation of mobile service known as 5g. Thats going to require new and help bring the benefits of modern communications to everyone everywhere across the country. If confirmed, i look forward to working with individuals on the table and all others at the commission and if reconfirmed i will be guided by the fundamental values and the law that i discussed can you here today and if reconfirmed, i will continue to respect the priorities of this committee. In closing, thank you chairman thune, Ranking Member nelson and i look forward to answers any questions you might have. Thank you, ms. Rosenworcel. Im humbled by president trumps decision to nominate to receiver as commissioner at the fcc and im honored to have this committee to consider the nomination. I want to
However, there is more work to be done to bring Communications Policy into the future and that includes following the worlds spectrum and managing the impact on local broadcasters and building on wireless success with the next generation of mobile service known as 5g. Thats going to require new and help bring the benefits of modern communications to everyone everywhere across the country. If confirmed, i look forward to working with individuals on the table and all others at the commission and if reconfirmed i will be guided by the fundamental values and the law that i discussed can you here today and if reconfirmed, i will continue to respect the priorities of this committee. In closing, thank you chairman thune, Ranking Member nelson and i look forward to answers any questions you might have. Thank you, ms. Rosenworcel. Im humbled by president trumps decision to nominate to receiver as commissioner at the fcc and im honored to have this committee to consider the nomination. I want to
DemocratJessica Rosenworcel and brendan carr. This is two and half hours. This hearinge will get underway. Because we have time constraints i will forgo my Opening Statement and ask for unanimous consent to be put into the record and we will proceed directly to introductions that we are going to hear and hopefully to the panel. Senator nelson wants to make an opener and we will do that after we recognize senator roberts, the senior senator from kansas who is here and will open things up this morning. Senator roberts . Sen. Roberts thank you. Thank you Ranking Member nelson. And fellow senators, senator moran. And members of the committee. It is a great privilege for me to introduce a friend, ajit pai , for his reappointment to the federal commission. It is not often i find myself on the side, but i have to imagine that on occasions such as this i must be calmer than you are. [laughter] an. Roberts that is sort of inside story. My staff wrote that. I have no idea what it means. [laughte
Stocks, the dow with the eightday win streak but futures point to a lower open as investors await fed minutes. Plus carl icahn stepping up bristolmyers, the activist takes a stake in that company. Is it headed for the Auction Block . And the new face of the s. E. C. Promising deregulation and increased competition, fcc chairman ajit pai is going to join us live in just a few moments. First up though, the watch is onto see if there are more historic moves ahead for stocks today. The dows coming off an eight Straight Record close after hitting their own alltime highs. The s p and nasdaq each hosting gains in nine of the past ten sessions. As we said earlier the s p up more than 10. 5 since the election. A lot of discussion about shillers p e ratio, jim, investors paying more for a dollar of earnings now than they did at any point leading up to the crisis. I struggle on that. I was on the walmart call and home depot call, there are some dow stocks and these quarters are so much better tha
This last week, the Chairmans Office denied a request for me and commissioner oreilly, to release the rate of return plan rate of return reform plan before we vote. Even though the commissioner helped write it and even though advocates have told us that it is, quote, essential to see the written words on the page to understand the effectual nest of the effectual nest effeectualness of reforms. The fcc has had success having headlines, but its follow there has been abysmal. Since 2011, the fcc has proposed over 374 million in fines, but it has collected only 7. 8 million. That is a meager 2 recovery rate. Only with additional transparency can the public and the subcommittee hold the fcc accountable for this failure. None of this half to be this way. I testified a year ago and there is widespread agreement that the process was broken. The chairman acknowledged that issues had been raised and he announced a task force. I took this project seriously and i suggested reforms. Among other thi