CNBC
Fed releases long-awaited study on a digital dollar but doesn’t take a position yet on creating one (CNBC)
Submitted by Grace Tepper on Thu, 01/20/2022 - 16:50FTC Chair Lina Khan says agency won’t back down in the face of intimidation from Big Tech (CNBC)
Submitted by Grace Tepper on Thu, 01/20/2022 - 09:30Net neutrality is poised for a comeback as President Biden tries to get last FCC commissioner confirmed
Net neutrality is making a comeback. President Biden, who was vice president under former President Barack Obama when the Federal Communications Commission voted in favor of net neutrality in 2015, has made clear that, if he gets his way, the Trump administration’s efforts to unwind the rules won’t stand. He has a fight ahead of him. Biden started by hiring Tim Wu, the person credited with popularizing the term net neutrality, to work on tech and competition at the National Economic Council.
White House wants universal broadband by 2030, but funding could take years to deliver
Commerce Secretary Gina Raimondo said she is committed to the administration’s goal of universal broadband by 2030, but cautioned that distributing funds from the new infrastructure law to meet that deadline could take years. The Infrastructure Investment and Jobs Act includes $65 billion to improve broadband access and affordability. Most of that is funneled through the Department of Commerce, and Sec Raimondo said that some of those dollars – such as money for tribal governments – are starting to trickle out. But the bulk of the funding will take longer.
Google tells employees they’ll lose pay and will eventually be fired if they don’t follow vaccination rules (CNBC)
Submitted by benton on Wed, 12/15/2021 - 06:28Senate confirms FCC Chair Jessica Rosenworcel to another term
The Senate voted 68-31 to confirm Federal Communications Commission Chair Jessica Rosenworcel, the first woman to hold that title, to another five-year term, narrowly avoiding a Republican majority at the agency once her current term was set to expire at the end of 2021. Rosenworcel will be tasked with expanding broadband connectivity, supporting 5G implementation and bringing back net neutrality rules.