They blame higher costs, they blame amazon for the competition in shipping, and of course, they are blaming china and the tra war, blaming the Global Economy as a whole. We have a huge show for you. Look at this lineup. Senator roger wicker will be grilling social Media Companies on the hill next hour but we have him first. Sarah Huckabee Sanders on that fiery Cory Lewandowski hearing. Martha maccallum on Elizabeth Warren getting grilled by Stephen Colbert. And tom brady and Dennis Rodman are on the show as well. Wow. What a lineup. All the big names are here. Im david asman in for stuart. Varney company starts right now. David we have some breaking news from President Trump. He just tweeted out quote, i have just instructed the secretary of the treasury to substantially increase sanctions on the country of iran. Check oil, it is now trading after hours, remember, it came down tremendously yesterday, its still dropping. Now its under 59. Looks like its headed to 57 a barrel quite a dif
Announcer cspan is your unfiltered view of government. Funded by these Television Companies and more, including comcast. Oh, you think this is just a Community Center . No, its way more than that. Comcast is partnering with 1,000 Community Centers to create wifi enabled lift zones so students from low income families can get the tools they need to get them ready for anything. Announcer comcast supports cspan as a public service, along with these other television providers, giving you a front row seat tdemocracy. Ftc commissioner render dez brendan carr talked about the advancement of broadband connection and regulations during a tech summit in washington, d. C. This is about 30 minutes. I want to thank you for talking about whats happening on the hill. Its great to be here. As soon as i got the job, thought the best way to do this job is spend as little time inside the beltway as possible. Within a day of being sworn into the job, i got on a plane to North Carolina and went to a Fiber
[inaudible conversations] [inaudible conversations] well, good morning pete the subcommittee will come to order the chair recognizes himself an Opening Statement. Good morning welcome back before the subcommittee. Assistant secretary davidson the National Telecommunication Information Administration has been very busy since the last time you appeared for us and may. In a june nci or allocated the money for the broadbent equity access to the states. This amounts to 42. 5 billion dollars. Since then states have submitted their fiveyear action plan the infrastructure at law strict requirements such as ensuring funding achieves universal connectivity and prohibiting great regulations. I am concerned some of the state plans are calls for more federal funding required by the law and blatant efforts by states to engage in rate regulation of broadband services. Thankfully and cia has rejectedt his and his attempt including for my home state of ohio. Though it overrode existing networks in opti
In washington, d. C. This is about 30 minutes. Welcome back, everybody. Thanks so much for joining us. Glad to be with you. Good to see chip again and most of the rest of you as well. A pretty good crowd to great to be here. And the commissioner puts on the hard data climbs up the towers. We have that in common. I will never climb a tower we will never have that in common. Youve been such a great leader on these issues and i want to thank you for the leadership and always coming to the policy summit to talk about us about whats going on at the ftc. You said we are going to spend 45 minutes chatting . Whatever you want. I thought the best way to do this job is to spend as little time inside the beltway as possible. Within a day of first being sworn in, i got on a plane and went to North Carolina and i spent a lot of time with the fiber builders and the tower climbers. It was a way to understand the red tape that needs to be cut or the changes that need to take place. When you cut out th
House appropriations subcommittee hearing is about 90 minutes. [inaudible] [inaudible conversations] [laughter] a sub command Financial Services and general government will come to order like to welcome chairwoman jessica and commissioner car. I appreciate both the participating in todays hearing to give members the subcommittee the opportunity to discuss federal committee this fiscal year 20125 budget requested. The budget request for the commission is more than 4,048,000,000. 15 higher than the original fiscal 2824 enacted a level much harder to increase the commission has historically requests are surprises to the commission failed to request the funding for the secure trusted Communication Network program rip and replace as you dont rip and replace his important priority particular to ensure the Communication Infrastructure safe from foreign interference. Conversely due to budget shortfalls repair or replace ply small providers invested money to remove ive got it and equipment. The