Into the market. And there he was. The man known as the god father says the market is setting the stage for a vigorous rally. Ralph acampora will explain why. Goldman sachs has been the big winner since the election. The banks ties to what is being described as one of the largest financial flaws in history could be a red flag for investors. We have details on the important story coming up. And a survey says economists are skeptical of president elect trumps growth plan. Billionaire carl icahn appeared on Halftime Report earlier today. Hope you saw that great interview. He is concerned that the money going into the market right now is coming from people who just dont study the market. There is a lack of stock for sale. Yet on the buy side from what i consider a lot of investors that really dont study the market. They are giving it to people, giving it to a buyer of etf. They tell you the goal is to buy through a black box. There is nobody deciding is this a good stock. Can you decide if
Senator as chair of the joint board in the february open internet decision, the commission expressly extended the referral to the joint board. As you probably know under section 254 of the law, assessment for universal service is on the basis of interstate Telecommunication Services. And we are charged with making sure that that fund has specific, predictable, and sufficient support. The joint board is tasked with trying to figure out how to update that support mechanism, but the underlying terminology associated with Telecommunication Service is now the subject of litigation in the court of appeals. So the commission decided that it would defer decisionmaking on that until the Legal Environment is more stable. But pardon. Are you concerned that the title two order is not going to withstand litigation fully intact . Well, i have no crystal ball when it comes to the decisions of the dc circuit, i have confidence in our decision as it was made. We are resourceconstrained, it would not be
Could help the internet of things really flourish. Do you think that would be the main thing then that the fcc can do is to maybe step back to offer more encouragement in many of those areas . Yes, i dont think we should be overly aggressive at this point. I believe we should allow experimentation with the internet of things. And i think thats how well see its possibilities grow. Okay. Thank you very much. Thank you, mr. Chairman. Thank you, senator fisher. Senator daines. Thank you, mr. Chairman. Its good to see you here today, commissioner. And good to see your family here as well. Caroline frances is one of my favorite girls name. We have a girl named caroline as well, shes now a big girl. And emmet joseph, thats a sharplooking tie as well. Thanks for coming to montana last month to participate in the telehill workshop, where im sure you saw firsthand the opportunities that technology truly can bring to Rural America. In your statement, the committee, you mentioned one of your Top P
I strongly agree with senator mccaskill, and she is verywe aware of my views because we have discussed hers and mine at length and i know that you agree that consumer complaints about this intrusive, invasive practice are very well justified. The fact that Consumers Union conservatively estimates that 350 million are lost annually to phone scams, generally a lot of them the result of robocalls and the good news is advanced technologys available and affordable to stop these very intrusive and invasive machinedriven calls and Telephone Companies ought to make locking options available right away. Even in advance of the rule, the Telephone Companies have the ability to offer that service. And so, i agree with senator mccaskill about the inadvisability of the suggestion made in the budget agreement, but more broadly, i would like to ask what the next steps are that you would view as most likely and most achievable to address this scourge of robocalls that we both have seen across the count
We need them most. Second, universal access. No matter who you are or where you live in this country, for a fair shot at 21st century prosperity, you need accesccess firstrate modern communications. That means we need policies that foster deployment and adoption in urban areas, rural areas and in between. Third, competition. Competition increases innovation and lowers prices. Fourth, Consumer Protection. Communication services are multiplying, but the marketplace is also bewildering to navigate. So we should always be on guard for ways to help consumers make good choices. These values derive from the law and they have informed my work at the commission to date. In light of them, i am especially proud of Agency Efforts to strengthen 911 service, and i am proud of our work to increase access to broadband in schools and enhance opportunities for digital age education. I also believe our spectrum policies for licensed and unlicensed air waves have made our wireless markets competitive, inn