Chairman Pai vows to shrink industry regulations

Federal Communications Commission Chairman Ajit Pai, vowed to pare back outdated commission regulations, but declined to say if he will move quickly to overturn the Obama administration's landmark network neutrality rules. One top priority is "to remove unnecessary or counterproductive regulations from the books," Chairman Pai said after he chaired his first meeting. "We want to make sure that our regulations match the realities of the modern marketplace." Chairman Pai, who was tapped by President Donald Trump to run the FCC, in December vowed to take a "weed whacker" to unnecessary FCC rules.