Tag Archives: weakening

FCC Sued Over Weakening of Business Broadband Price Caps

This site may earn affiliate commissions from the links on this page. Terms of use. A decision from the FCC several months ago removed the caps on business broadband pricing for many areas, but a new lawsuit could force it the reinstate the caps. Advocacy groups are scheduled to go before the courts to argue that the Federal Communications Commission failed to justify its change in policy, which could lead to substantial cost increases for small businesses. The big ISPs seem just fine with the new rules, though. In April ...

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Democrats seek probe over weakening SEC's subpoena powers

Yellen: U.S. banks are lending and globally competitive President Trump’s temporary SEC chief has already taken steps to curb the agency’s ability to go after financial crime. Now, four top Democratic senators are raising the alarm. In a letter Wednesday, senators Elizabeth Warren, Sherrod Brown, Robert Menendez, and Brian Schatz called on the agency’s inspector general to examine whether Acting Chairman Michael Piwowar overstepped his authority by scaling back the agency’s investigative powers and moving to potentially roll back two agency rules. Lawmakers questioned whether Piwowar’s actions “exceed his authority” ...

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