Jon fortt and Kayla Tausche and me with Henry Blodget on set, and Mike Issacson is joining us from san francisco. A lot to watch with the dow down, and the politics is a story, with democratic nominee Hillary Clinton getting endorsements from the president , and senator elizabeth warren, and also on twitter donald trump said that e obama just endorsed crooked hillary and he wants four more years of obama, but nobody else does. And she replied, delete your tweet account. And then he replayed, how long did it take your staff of 823 people to think that up, and where are your 33,000 emails that you deleted . And how could this market be doing so poorly . Well, whatever intern is manning hillarys twitter account got a huge raise, because it brought delete your account to the mainstream lexicon, but it is essentially really funny, because it is a tool that you and i use everyday, kayla, and jon, and we are all on it all of the time, and it and it is a great Media Consumption tool, and twitt
And brought you as a Public Service by your local cable or satellite provider. We are pleased to have join us this week on the communicators, the vicechairman of the energy and Commerce Committee, representative marsha blackburn, a republican from tennessee. Congressman blackburn, with everything going on in the house right now, if we could just start on the big picture here, what are the chances that there will be any telecom or techrelated or cyberrelated legislation passing in the house this year . Rep. Blackburn when you look at the big picture, i think that overall you will see the house settle down. We will choose a speaker, the problem that we have right now is that it is a growing pains problem. We are a big party with a big tent. You have moderate republicans, you have very conservative republicans. And having everyone agree on a leader and agreed to come to the table and work things out is going to be an important first step. I think you will see us kind of work through that
Stake here. So we have to address this in a way that each one of them winds up with fair market compensation. Thank you. May i ask mr. Oneil, what would be the most important element . I would agree with the fair market concept. I believe that the fair market aspect of an omnibus bill would be beneficial to all parties. If i pressed you a little further and indicate that had theres this vast market of broadcast media that is not the internet, youtube, how would they play into an omnibus approach so we wouldnt have to go back down a journey of no return, as weve done in times passed . I think theyd be opposed to it. I think youre tied to some Legacy Industries that dont want to change the value of copy right going forward. They all know the value of their own copyright. I think it comes down to the question of what are the scales, what are the balance of payments for those copy rights. And you dont think a deliberative approach would draw in those different element sns im going to call
That story as also is included miss lerners failure to willingly testify before this committee. Im going to put all that aside for a second. Miss oconnor, youre white house counsel. Im a lawyer, youre a lawyer. I want to step away from the irs problem and investigation for a minute and just have a comparative discussion because i think in the responses there may be some misunderstanding with respect to the independent the treasury Inspector General for Tax Administration and id like to talk to you a minute about their powers. Not with the irs, but just in general. Id like to compare the powers of the treasury Inspector General for Tax Administration with the fbi because one of the things we heard from the commissioner yesterday is, were going to do the Inspector General is going to do an investigation, and that is probably a good thing. There are many who dont believe its enough, but you and i having a discussion on a comparative just of authority and powers perhaps can let other peopl
Reform in Tea Party Nation all agree with us. While radio touts a nonbinding resolution, congressional leaders from both parties are working on real legislation to resolve this issue. Any copyright performed simply must include a radio performance right. To resolve this and other issues, we support several thoughtful bills. This would insist if broadcasters value the content they must value the content of others. This w0u8d remove the loophole. Now i had time for a unified holistic approach to music licensing and time for a music omnibus bill or music bus for short. Where kwoip write review under way, we need our industry in congress to be visionary and created a unified approach for the future of our business and the music bus idea is really simple. Fair market pay for all music creators across all platforms. And a music only hi bus bill need not wait for the entire copyright act to be advised. Congress registers maria polenti noted these issues are ripe for resolution. Mr. Chairman,