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Was we had to come in and try to eliminate the lines of demarcation and from mote competition and promote competition, believing thered be innovation, more investment, more consumer choice, more innovation and, you know, fortunately, i think the result has proven us correct, that thats exactly whats happened. But now were in a situation, you know, not that many years later that there needs to be, again, i think, a massive overhaul. And out of all the new technology, all the new applications, all the new modes of service. Host rick boucher, youve covered, worked on telecommunications for a long time especially as a member of congress. Did congress understand what was going on with the 96 Telecommunications Act, or was it just limit today a few members with expertise . Guest well, as is often the case in the committees that focus on particular subject matters took the lead in this reform. Jack was chairman of our subcommitte ....
It ranks in the top 200 of Global Companies by revenue, according to the fortune global 500 list. It would be a great loss to our country to see it incorporated offshore. Still, its difficult to blame them for this decision. According to sources, a desire to escape the high u. S. Corporate tax is part of the motivation for this merger. This type of transaction where a u. S. Corporation merges with a foreign entity and incorporates elsewhere to escape the u. S. Tax net is sometimes referred to as an inversion. Inversions are a growing problem here in the United States. Indeed, Large Companies are leaving our country at an alarming rate. If you count the number of american corporations in the worldwide list of fortune 500 companies, youll see that the number has declined dramatically over the past decade, which is very u ....
Its not over. Even stocks rocked by the news diving to sessions lows after it broke. Reaction from the president . None yet that we know of. A planned photo open cancelled. Reporters escorted away from the room. Lets get to it. First from the fox news deck on this friday afternoon, President Trumps former National Security adviser Michael Flynn says a senior transition official told him to contact the russian government after the election before the inauguration. This comes as we learned today that Michael Flynn has agreed to cooperate with the feds. Flynn pleaded guilty to a felony count of lying to the feds in front of a federal judge this morning. Hes the first to make a guilty plea in special counsel Robert ....
Chose to do otherwise. This does not alter my commitment to defend myself against the untrue piled up charges contained in the indictments against me. Gates becomes the third former Trump Campaign official to join what one former prosecutor and trump ally describes as team america. Gates along with former National Security advisor mike flynn and former Trump Campaign advisor George Papadopoulos are all now cooperating with the investigation and providing special counsel bob mueller with any and all information, including testimony, documents, electronic files, or anything else it requests in return for leniency. As this news was breaking, donald trump addressed a wildly enthusiastic crowd at the annual cpac conference just outside washington, d. C. I saved y ....
The United States even more chaotic. So the president is referring to this woman here, russian lawy lawyer that was part of the Infamous Trump tower meeting. She revealed shes both a lawyer and, quote, an informant. Nbc news obtained emails between her and russian government officials showing that she had deep ties to the creme win. The email suggested she worked with the Prosecutor Generals Office to coordinate a response on a u. S. Tax fraud case against a russian businessman. This underscores veselnitskayas level of influence between her then secret meeting with donald trump jr. , Jared Kushner and former Campaign Manager paul manafort. Joining us is larry litman, former u. S. Attorney and attorn ....