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Weve seen the dow and triple gains. S p in positive territory too. Down 22 points, s p futures are off by four. Yesterday was a good day for the markets. You had the nasdaq wed been watching closely was a big outperformer gain of 293 points the first day out of the last four both the nasdaq and s p have been in positive territory. Those three days before that give you something to worry about . Futures had been higher. Down a lot but come off the highs in the session looking at the treasury market where the 10year stands right now. Just below 0. 7 . Oil prices which really fluctuated and sold off sharply. This morning are down again. Wti off 1. 5 andrew thanks, becky a couple big stories to talk about. The senate set to vote on that slimmed down relief bill today talks between the white house and House Democrats and a report that President Trump may step in with more execut ....
The man that we always count on to put place democracy front and center of everything. You know so well that since citizens united, the last two election cycles that have set records for money spent, including hundreds of millions of dollars from undisclosed sources, the bulk of this socalled dark money spend iingy outside groups that hide their donors go toward negative tv ads. We all know that. Would you recommend changes to the Communications Act to ensure that voters are informed about who exactly is behind these anonymous tv ads . And is there anything in your view that the fcc can do on its own without congressional intervention . I would recommend them enforcing the statute that we already have. If you take a close look at section 317, which has to do with sponsorship identification and which goes back even before the teleCommunications Act of 1934 was written, ....
Extensive period of review and there would have to be some sort of high level determination as to why a different decision were to be made, is that the way it would work . Yeah. Under Administrative Law even with deference, the agency has to provide a reasoned explanation for its change in policy. It would require a notice and comment proceeding which is open. I wouldnt the suggestion has been made that somehow it would lead to instant clarity. It would lead to another three to fouryear period of conflict and litigation. Chairman copps . I would say it wouldnt take forever to compile that record. I, and a lot of other people i know, would be happy to contribute to the rationale for that sort of action. Its not really starting. A lot of that information is out there with just a route not taken and now we need to go back and look at it. And the fccs reclassification would be considered arbitrary and cap rishs unless there was a ....
The phone metadata, the records of calls between parties and that is something currently being held by the nsa that the plan may very well be for to be held by a thirdparty, possibly by the phone carriers themselves although they have certainly been very resistant. It could get very expensive for the carriers to hold onto this data. Another thing coming out of the speech, the government seems to be open to Tech Companies like facebook and google being more open about the Data Requests they receive and more transparency. They can reveal what they are being asked for by the government. There was some language about not spying on our allies unless there was a compelling National Security reason or we just really want to. It brings up the point that a lot remains to be seen here. If any changes are made, it could be months ....
These groups have 60 days to come up with a plan to handle ph one metadate, the records of calls between different parties. The plan may well be to have that held by a third party, possibly by the phone carriers themselves, though they have been resistant. It could get extensive, 60 billion to a carrier. The government seems to be open facebook,mpanies like google, being more open about the Data Requests they have received. They can reveal to consumers what they are being asked for by the government. That brings up the point, there are still there still remains a lot to be seen. Get to a quick quote from the president. Do is stopid not these programs wholesale. Not only because i felt they made us more secure, but also because nothing in that initial review and nothing that i have that ourince indicated Intelligence Community sought to violate the law or his camp earli ....