Briefing
|
- Blocked Privacy Rules – U.S. House of Representatives voted 215-205 on March 28, 2017 to repeal Internet privacy rules set by U.S. Federal Communications Commission (FCC) under Obama administration that would have required Internet service providers (ISPs) to take measures to protect and prevent sharing customer data
- Senate Repealed Rules – U.S. Senate also voted 50-48 on March 23, 2017 to block said rules
- Critics Disagree – Critics, such as American Civil Liberties Union, think customer data should not be used or sold without permission, with Minority Leader Nancy Pelosi (D-CA) claiming that Americans do not agree that their information should be sold
- FTC Jurisdiction – FCC Chairman Ajit Pai and other Republicans believe regulation of customer privacy for ISPs should be under Federal Trade Commission (FTC), and not FCC
- Possible Trump Repeal – Repeal is now dependent on President Donald Trump’s signature, with White House saying that the President supports its blocking
- Other Blocked Regulations – Over last two months, Republicans have voted to block more than one dozen regulations from Obama’s tenure, which they think are overreach of government
|
Accelerator
|
|
Market Disruption
|
|
Sector
|
Government (excluding military), Information Technology
|
Organization
|
U.S. Federal Communications Commission, U.S. Federal Trade Commission, U.S. House of Representatives, U.S. Senate
|
Source
|
|
Original Publication Date
|
March 29, 2017
|