Black Friday Sale! Save huge on InvestingProGet up to 60% off

US Senate votes to give Democrats majority on telecom regulator

Published 09/07/2023, 03:08 PM
Updated 09/07/2023, 03:15 PM
© Reuters. FILE PHOTO: The U.S. Capitol dome is seen from the Russell Senate Office Building on Capitol Hill in Washington, U.S., April 19, 2023. REUTERS/Sarah Silbiger
0941
-
0728
-

By David Shepardson

WASHINGTON (Reuters) - The U.S. Senate voted Thursday to approve President Joe Biden's nominee for a key fifth seat on the Federal Communications Commission (FCC), giving Democrats a majority on the telecommunications regulator.

The Senate voted 55-43 to confirm Anna Gomez, a Democratic telecommunications attorney who serves as a senior adviser for the State Department's Bureau of Cyberspace and Digital Policy.

Since January 2021, the FCC has been deadlocked 2-2, stalling Democrats' efforts to reinstate landmark net neutrality rules revoked under Republican then-President Donald Trump and to pursue other priorities.

In July 2021, Biden signed an executive order encouraging the FCC to reinstate net neutrality rules adopted under Democratic President Barack Obama in 2015.

Biden's first nominee for the open seat, former FCC official Gigi Sohn, withdrew in March after three hearings. She blamed industry opponents for scuttling her nomination.

Another big issue for the FCC is the fate of a subsidy program for internet users. Congress awarded $14.2 billion in 2021 for a $30 per month voucher for low-income families to use toward any internet service plan of their choosing.

More than 20 million American households have signed up for the program to date. FCC Chair Jessica Rosenworcel said in May she expects the program will run out of money early next year absent congressional action.

The FCC has been involved in a number of issues surrounding Chinese telecom companies.

In 2019, the FCC voted to deny state-owned Chinese telecom firm China Mobile (NYSE:CHL) the right to provide U.S. services and later withdrew U.S. authorizations for several other Chinese telecom carriers, including China Telecom (NYSE:CHA).

© Reuters. FILE PHOTO: The U.S. Capitol dome is seen from the Russell Senate Office Building on Capitol Hill in Washington, U.S., April 19, 2023. REUTERS/Sarah Silbiger

On Wednesday, Rosenworcel asked U.S. agencies to consider declaring that Chinese companies including Quectel and Fibocom Wireless pose unacceptable national security risks.

The FCC said last month it would publicly release comments on a bid by an advocacy group to deny the renewal of a license for Fox Television Stations' Philadelphia station, saying Fox News aired "false information about election fraud" about the 2020 presidential election.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.