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

US Senate panel to vote on key Biden telecom board nominee

Published 07/06/2023, 10:29 AM
Updated 07/06/2023, 02:15 PM
© Reuters. FILE PHOTO: Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo

By David Shepardson

WASHINGTON (Reuters) -The U.S. Senate Commerce Committee plans to vote next week on President Joe Biden's nominee for a key fifth seat on the U.S. Federal Communications Commission (FCC).

Democrats have been stymied since 2021 from gaining a majority on the five-member telecommunications regulator.

Anna Gomez, a Democratic telecommunications attorney, currently serves as a senior adviser for the State Department's Bureau of Cyberspace and Digital Policy, leading U.S. preparations for the 2023 World Radio Conference. The committee plans to vote July 12 on Gomez as well nominations for new terms for two current commissioners Brendan Carr and Geoffrey Starks.

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. The open internet laws seek to bar internet service providers from blocking or slowing traffic or offering paid "fast lanes."

In July 2021, Biden signed an executive order encouraging the FCC to reinstate net neutrality rules adopted under Democratic then-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.

Democrats hold a narrow 51-49 majority in the Senate. Sohn faced strong Republican opposition and saw her unsuccessful nomination await a vote for more than 16 months.

The FCC in April voted to propose new rules to periodically reassess existing authorizations for foreign-owned companies to provide telecommunications services in the United States.

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

The FCC has raised mounting concerns about Chinese telecom companies which had won permission to operate in the United States decades ago. In 2019, the FCC voted to deny state-owned Chinese telecom firm China Mobile (NYSE:CHL) Ltd the right to provide U.S. services and later withdrew U.S. authorizations for several other Chinese telecom carriers, including China Telecom (NYSE:CHA) Corp.

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.