The answer, unfortunately, is the very culprit caught in a u. S. China tugofwar right now. Details on what can boost chinas productivity and whether they could gain access to it september 1st is when drug Price Reductions are set to take effect and one of our guests says it will make the entire largecap pharma space vulnerable and it will hit five names first. We have those details ahead. If thats not enough, dom chu has a look at the market you and i have been up very early and we are still upright right now and kelly, if you look at the board behind me, youll see things havent change a lot from when we were on in squawk box this morning, but we have seen an acceleration in the Technology Trade well get whats driving that sentiment in a couple of minutes here and the dow industrials are just about flat on the session and thats pretty much unchanged. The s p 500 is up 18 points and onehalf of 1 and 18 points at the highs of the day we were up roughly 22 points there and down 11 at the
Thank you, mr. Chairman. You both agree to facilitate broadband deployment will take reform, is that correct . Yes. Commissioner pei, you mentioned principles. With respect to my broadband plan its a twofold plan and it would be targeted changes to the rules to allow rate of return rate carriers for the costs they incur for deploying in rural areas and that support only extends to voice service, and secondly creating a voluntary path where rate of return carriers could at their option get into similar connect america fund and obviously the socalled model in that regard is not perfect but nonetheless if the rate of return carriers find it to be preferable they should be given a limited window to do that. Thank you chairman wheeler, these are questions for Rural Service so its really appealing to the constituents in the state of illinois. The issue of dropped calls, and i go to the familyowned companies or the coops still out there, and its the enter immediate airy carriers, can you tell
With media organizations from the early caucus and primary states are sponsoring this forum and following the live forum, you can provide your input by joining our callin program and adding comments on facebook and twieter on cspan, cspan radio and cspan. Org. On tuesday federal Communications Chair tom wheeler and commissioner aji pay testified before the communications and technology. They discussed rural access to broadband and over the top Video Services. This is almost three hours. Well call to order the subcommittee communications and technology and i want to welcome everyone here today and wish a very good morning to chairman wheeler and commissioner pay, delighted to have you back before the subcommittee again this year. We appreciate the work youre doing at the fcc and i look forward to your testimony and our opportunities to pursue some issues. At the risk of sounding a bit like a broken record, however i continue to be concerned with the commissionys failure to adhere to sou
Been completely unhelpful. In may of this year the Enforcement Bureau says they intend that the broadband providers should enemploy Privacy Protections. What does that mean . I have no idea. I sp prks isps have no idea. I have no idea. I would rather have let the experts who have protected consumers handle this issue based on law that you have given them. They have the expertise to handle these issues, correct . Expertise and legal authority, yes. The chairman talked another issue about privacy and edge providers. Chairman wheeler the Consumer Interest Group filed a petition to ask you to oppose a Consumer Privacy protections. When are we going to see your response . Do you believe providers should have a different standard of protection than isps . Thank you very much. The commission has for decades been enforcing privacy on the telecommunications carriers. Its not as though we fell into this patch. Theres a long history of Privacy Protection regarding telecommunications carriers. In
Rural areas. Would you let them get the support if they offered broadband as a standalone service. Second, rate of return carriers could get into a similar connect america fund for price gap carriers. And the a cam model isnt perfect but nonetheless if rate of return carriers find it acceptable, they should be given a limited window to be able to do that. Thank you. Chairman wheeler, these are all rural questions for Rural Service so it is really appealing to the constituency, a third of illinois, like a lot of the rural illinoiss. This is on a drop call issue still. I go to my family owned phone companies or the coops i still have out there and i think we talked about it the last couple of hearings that weve been with you, and it it is the intermediate carriers, the least cost reuters seem to be the problem. Can you tell me because you know the Companies Get blamed and it is an intermediate carrier doing it and it creates a whole lot of problems. Thank you, congressman, yes. You put y