The s. E. C. Plans on auctioning spectrums next fall. That would allow broadcast tv spectrum to be used for wireless communications. The house commerce and subcommittee took a look at the spectrum auction proposal. Well hear from sfals officials athe s. E. C. , private companies. The hearing runs about an hour nd 50 minutes. As most things, the devil is in the details. We convened all five sitting f. C. C. Commissioners on a Progress Report on implementation of the law. This was a step on making sure the commission stays within the act and acts within the confines of the law. In order to ensure that the f. C. C. Follows the law, prort oversight is necessary. A successful auction will require the f. C. C. To get two parts of equation correctly. The broadcast side and the broad band side. Now for broadcasters, the intent of the law could not be more clear. For those that plan to exit the market, the f. C. C. Has an obligation to let the market work. Im concerned the commission seems to b
Showed him other articles, as well, where democrat governors are saying weve done a fantastic job. Gampb newsom said theres not a thing that weve asked for that we werent able to get him. Many democratic governors have said that the task force and the federal government, what weve done, has been terrific. [ inaudible question ] this was unexpected. Something that came out of china and hit us in many other countries. You look at the numbers. I see the numbers just by watching you folks. I see, its over 100 different countries. And it hit the world and were prepared and doing a great job with it. We want to protect our shipping industry, our cruise ships, our airline industry, very important, but everybody has to be vigilant and has to be careful. But be calm. Its really working out. A lot of good things are going to happen. The consumer is so powerful in our country with what weve done with tax cuts and regulation cuts and all of those things. The consumer has never been in a better pos
Rarely before. Okay . But just moments later, the cohn story broke. Now, the adviser who nearly resigned over the president s kid glove hand link of neonazis and White Supremacists in charlottesville quit instead over steel and aluminum tariffs and in doing so, added fuel to the notion of a white house in, yes, chaos. Cnns Boris Sanchez starts us off with the latest from the white house. What are you learning about the cohn departure . Reporter well, its interesting john. White house officials are publicly saying that this is something that gary cohn has been discussing privately with the president for several weeks. They say that gary cohn was looking for the appropriate time to leave the administration. Despite that, just a few weeks ago, sources were telling cnn that gary cohns name was being floated as a possible replacement for chief of staff john kelly when it was rumored that he was leaving the white house. The timing of this announcement is telling, john. It comes as there is a