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August 10, 2017

Republicans Lean on Clinton-Era Law for Broadband Conglomerates

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The Federal Communications Commission (FCC) is reinterpreting a key law to consider relaxing constraints on telecoms giants. Republican Chair Ajit Pai this week invoked Section 706 of the Telecommunications Act to argue that smartphones alone could help broadband providers meet statutory requirements on access and deployment. “We propose to incorporate both fixed and mobile advanced telecommunications services into our Section 706 inquiry,” agency filings said on Tuesday, in a notice of inquiry. The FCC will accept comments on the proposal for two weeks starting on…

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Bank CEOs Silent As Interest Groups Work to Preserve Abusive Forced Arbitration

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Senator Elizabeth Warren (D- Mass.) fired off letters to CEO’s of the nation’s top financial firms, calling on them to publicly reveal their positions on a lobbying effort in their name aimed at striking down new consumer protections. In her missive, Warren noted that interest groups that represent the firms, like the US Chamber of Commerce, the American Bankers Associated, and the Financial Services Roundtable, have been ginning up support to repeal a recently-implemented Consumer Financial Protection Bureau (CFPB) rule against forced arbitration. The rule, which…

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