FYI...Stocks Jump...coincidence? (re: Matt Gaetz decision)...
it's time for Congress to exert itself as the "Guardrails" to an out-of-control, and extremely dangerous President. The evidence is there of all to see...and with Veto-Proof legislation, they can do it.
Replies to: FYI...Stocks Jump...coincidence? (re: Matt Gaetz decision)...
It was probably the removal of FCC guardrails that has Wall Street in a froth.
This will green light M&A activity.
Link: https://arstechnica.com/tech-policy/2024/11/fcc-chairwoman-announces-departure-paving-way-for-republican-majority/
I don't think so...but thanks for the link...
...from that link...
------------------------
Rosenworcel touted the agency's work in "setting up the largest broadband affordability program in history—which led to us connecting more than 23 million households to high-speed Internet, connecting more than 17 million students caught in the homework gap to hotspots and other devices as learning moved online." That discount program ended this year after Congress let funding run out, despite Rosenworcel's repeated pleas for more money.
Rosenworcel, a Democrat, is following tradition, as the FCC chair typically resigns when the opposing party wins the White House. The move will leave the FCC with two Democrats and two Republicans, paving the way for the GOP to add one member and gain a 3–2 majority.
-----------------------
Again, I appreciate the link, but you might want to read yours BEFORE posting them...;-)