Reddit CEO Steve Huffman is “fairly optimistic” that actions will be taken to dial back the FCC’s repeal of net neutrality. The head of the online news and content aggregator told Cheddar in an interview Tuesday, “I would be surprised if we lost regulations forever.” Advocates of the Obama-era regulations have lobbied Congress to block the agency’s decision last week. And while the FCC’s vote went along party lines, with the three Republicans voting for repeal and the two Democrats voting against, Huffman doesn’t think legislators will follow the same path. New York Senator Chuck Schumer, a Democrat, has called for a vote to overturn the repeal and Rep. Mike Coffman (R-CO) introduced a bill for permanent open internet to Congress. Huffman told Cheddar that Reddit supports net neutrality and will continue to encourage users to make their voices heard in Congress. “What matters the most is the opinion of the people,” he said. “When you look both in the United States in general and on Reddit specifically, there’s overwhelming support for this.” For full interview [click here](https://cheddar.com/videos/reddits-plans-in-a-post-net-neutrality-world).

Share:
More In Business
Federal Reserve: Inflation Is, Uh, Still Up
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Is 2024 the Most Affordable Year to Buy a New Car?
After years of price increases for cars and trucks in the United States, costs are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
Missed Out on Nvidia? Consider These 5 Chip Stocks Instead
Missed out on the Nvidia wave? Oh course you did — you’re reading this article aren’t you, instead of luxuriating on a white-sand beaches of Bali. But here are at least four other promising semiconductor stocks to add to your portfolio.
Load More