Senate Votes to Save Net Neutrality, but Fate Seems Sealed
*By Alisha Haridasani*
In a last-ditch effort to preserve unfettered access to online content, the Senate voted Wednesday to override the Federal Communications Commission’s decision to scrap net neutrality rules.
All of the Democrats and three Republican Senators voted in favor of the resolution, which was proposed by Senator Ed Markey, Democrat of Massachusetts.
"Republicans will rue the day they voted against middle class families, they will rue the day when they voted against the young people who are so familiar with the internet and you can be sure that we Democrats will remind the people of this vote over and over again," said Senator Chuck Schumer, the Senate minority leader, who has his eye on the midterm elections in November.
The resolution heads to the House, where it faces stronger opposition. Only 161 Representatives have publicly indicated that they would vote in favor of the resolution, 57 short of a majority.
There is still a chance that lawmakers who want to preserve net neutrality could convince more of their colleagues to join them because the issue resonates widely with voters, said Andrew Wyrich, a politics staff writer at The Daily Dot. A number of [polls](http://thehill.com/policy/technology/364528-poll-83-percent-of-voters-support-keeping-fccs-net-neutrality-rules) show strong support ー among Democrats and Republicans ー for maintaining net neutrality.
"A lot of people didn't think that it would happen in the Senate so I think anything can happen," said Wyrich.
Net neutrality rules were put in place by the Obama administration in 2015, ensuring that internet service providers give equal access to all content online, regardless of who produces it or where it comes from. The F.C.C. decided in December to abandon the rules, and they officially expired last month.
Supporters of net neutrality, including the tech companies Amazon, Google, Netflix, and Facebook, have said that stripping away these rules would give internet service providers the power to charge some websites or services more for speedier access. The chairman of the F.C.C., Ajit Pai, who has been a vocal critic of net neutrality, has said the rules hurt the companies that build the internet's infrastructure, and stifle innovation and limit investment.
“It’s going to hurt the little guy,” said Representative Jim Langevin, a Democrat from Rhode Island. Net neutrality allows “small entrepreneurs to have the same amount of access that big companies do,” he said.
Though a majority of Americans support net neutrality, Pai, the F.C.C. chairman, has said the rules were "heavy-handed."
For the full interview, [click here](https://cheddar.com/videos/senate-votes-to-keep-net-neutrality-rules).
Pfizer has asked the FDA to expand authorization of COVID booster shots for all adults. The agency is expected to grant the request in the coming weeks, allowing vaccinated Americans as young as 18 to get boosted before the holidays. Dr. Bayo Curry-Winchell, Regional Clinical Director at Carbon Health, joined Cheddar to discuss.
The Justice Department has filed a lawsuit to block Penguin Random House from acquiring its rival Simon & Schuster. The DOJ hopes this will block the merger, which it says would ultimately hurt authors and consumers nationwide. Barry C. Lynn, executive director of the Open Markets Institute, joined Cheddar to explain what the lawsuit signals about the Biden administration's approach to cracking down on antitrust, and why Amazon might be next.
The major markets took a breather Tuesday, with the Dow, S&P, Nasdaq, and Russell 2000 all finishing lower after notching record closes on Monday. Rhys Williams, Chief Strategist at Spouting Rock Asset Management, joins Cheddar News' Closing Bell, where he provides his biggest takeaways from the day's activity.
The U.S. economy added 531,000 jobs in the month of October, painting a better picture of the economy that analysts had expected. Jared Bernstein, Council of Economic Advisers Member for President Biden joined Cheddar's Opening Bell to discuss.
Election Day 2021 is in the books, and it wasn't a pretty picture for Democrats. Governor Phil Murphy narrowly won re-election in New Jersey and Republican Glenn Youngkin upset Democrat Terry McAuliffe in Virginia, with many other disappointing losses for the left. Meridith McGraw, national correspondent for Politico, breaks down the key takeaways from this year as the nation looks ahead to the 2022 midterms.
Markets opened higher to kick off the week as investors continue to digest the better-than-expected jobs report, which showed 531,000 new jobs created in October. Ken Johnson, CFA, Investment Strategy Analyst joined Cheddar's Opening Bell to break down his early market insights.
Almost 2 years into the pandemic, supply chain woes continue to wreak havoc on our everyday lives.
From groceries to chip shortages, both consumers and retailers are feeling the strain with prices only climbing as a result. Data intelligence company Morning Consult is out with its U.S. Economic Outlook for November revealing just how much of a threat these hold-ups could pose to the greater economic recovery. John Leer, Chief Economist at Morning Consult joined Cheddar's Opening Bell.
After many years and at least two presidents hoping to overhaul America's infrastructure, congress finally came to an agreement. The House passed the bipartisan infrastructure bill late Friday, receiving thirteen republican votes but failing to earn votes from the six progressive squad members. Joseph Zeballos-Roig, Economics Reporter at Insider joined Cheddar's Opening Bell to discuss the economic impact of the bill.