Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

FCC nominee does not support U.S. internet rate regulation

Published 12/01/2021, 04:20 PM
Updated 12/01/2021, 04:26 PM
© Reuters. FILE PHOTO: The Federal Communications Commission (FCC) logo is seen in Washington February 26, 2015. REUTERS/Yuri Gripas

By David Shepardson

WASHINGTON (Reuters) - President Joe Biden's pick for a seat on the Federal Communications Commission told a U.S. Senate Committee on Wednesday she does not back government regulation of broadband rates.

Gigi Sohn, a former senior aide to Tom Wheeler who served as FCC chairman under former President Barack Obama, said it would take at least a year for the commission to reinstate landmark neutrality rules that were repealed in 2017 under then-President Donald Trump.

Asked by Senator Marsha Blackburn if she would support FCC regulation of broadband rates, Sohn said: "No. That was an easy one."

The FCC under Obama adopted net neutrality rules in 2015 barring internet service providers from blocking or throttling traffic, or offering paid fast lanes.

She said it was crucial for the FCC to step in without action by Congress.

"I am very concerned that broadband, an essential service, has been without any oversight for the past four years," Sohn said, citing consumer and public safety protections.

Sohn said she would like Congress to address net neutrality to prevent a replay of the back-and-forth between administrations.

"I am as tired of the ping pong game as anybody," she said, adding it was crucial the FCC acted in the absence of movement from Congress.

Separately, FCC Chairman Jessica Rosenworcel said in written comments on Monday that she does not plan to regulate broadband rates directly or indirectly.

She noted the 2015 net neutrality rules "expressly eschew future use of prescriptive, industry-wide rate regulation." She added she "supported this approach in the past and would do so again in the future."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Biden waited more than nine months to make nominations for the FCC, which has not been able to address some key issues because it currently has one vacancy and is split 2-2 between Democrats and Republicans.

The Commerce Committee approved Rosenworcel's nomination on Wednesday.

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.