we will be using the fcc maps. it's clear that, you know, we were going to follow the framework of the statute. fcc maps are going to be the source of information for how we allocate funds, how states build out their plans and we're going, like i said, we're just going to follow what the statute says, follow the framework in the statute to do that and to work with different states and commonwealth, like the commonwealth of pennsylvania, to build out broadband offices and to be able to follow what the maps tell us. >> and thank you for addressing that because accountability of following the fcc maps i think is so important in rolling this out in an equitable fashion. several commenters for the bead program raised concerns about how to practically implement, quote, by american provisions given the complexity of sourcing broadband components. mr. davidson, do you intend for ntia to seek a waiver for the office of budget management to ensure broadband can be deployed in a timely fashion? >> i know the answer, we are lo

what's the next that the fcc should consider? >> thank you, i think the opportunity is in the seven gigahertz band, adjacent to what's going on six and give us the opportunity to take 180 gigahertz channel and increase 360 megahertz which will be critical for wi-fi seven we look forward to that is a real opportunity. >> what should we expect to do to make sure rural communities and communities of color, travel plans and etc. don't fall behind on current and future wi-fi technologies as they become available? >> it's a great opportunity for the committee to look at a mix of policies to promote. we can talk about digital literacy make certain low income and communities of color have the skills and tools necessary to make the connection to broadband the wireless. i think for travel communities and priority windows is a critical step in recognition of their sovereignty. making certainly understand where service is and is not available is critical. in 5g space, making certainly have crowd sourced data to ensure the cells operating in

the fcc map is delayed? >> well it's a terrific question. and i know, we know that some states actually have a very good data, for mom maybe one of them. and that should be input into this process. we need to use the fcc maps, that's the way the statute is built, for the bulk of it and our hope is that that becomes the one source of truth. the question is, where the unserved are. the question is, how to basement sure that if it is that accurate source of information that we all want, there is a challenge process. actually i think a two stage process the first will be when we first have the kind of first draft fcc map this year. it'll be an opportunity for states and communities to go to the fcc and say, that's not actually unserved area, where that is a served area. there will also be a possibility one state similar plans to us, we'll be checking on that and getting input on wet weather they've hit the right unserved areas. saluting there's two bites of the apple and we're building a process right now. >> th

fcc actions allow for things like smaller license apps. this is critical for smaller companies like ours. we continue to bring the latest services to market. means no additional spectrum will be made available in ready me to make sure congress extends the fcc spectrum auction authority. this all makes racial availability and market aiming access to this spectrum would provide increased confidence in our ability to make defeat -- meet the future data needs of our subscribers and enhance our ability to compete. expansion of auction authority will ensure hbc has what they need to participate in the 2.5 gigahertz auction. we strongly encourage congress and the ftc to make a sufficient supply of spectrum to meet growing wireless demand. anyways that allows smaller carriers to meet. while the fcc should make additional spectrum available for it was use the interagency spectrum court-martial process should be improved. i think numbers of this committee for working to enhance and restore faith in the process including efforts to date the memorandu

and we're also looking at the authorities that the fcc gave-- that congress gave the fcc on bipartisan basis to look at past digital discrimination to make sure that we bridge the gaps. >> quick question, how do we make an effort as often times we do the one shot deals and you know, it wanes over time and these communities have been systematically discriminated against. how do we create within the dynamic before us a maintenance of effort? >> that's a great question as well. you know, we've-- in one context we have a universal service program that provides funding. in this context, we should look at auction revenues, this is a source of funding, where we could endow a foundation with some of the revenues, a portion of it, and say to them, here is your mission, make certain that these communities needs are addressed, make certain that we focus the efforts so we'd love to work with your office on trying to bridge that. >> absolutely, as a follow-up in your testimony, you explain that the revenue generator could support the needs. that being said, should we be looking at how we might-- sp

rather than engage with expert engineers at the ntia and fcc and participate in fcc's public and transparent, the aviation and the faa engaged in fear mongering tactics by threatening to ground planes. as the commercial spectrum landscape continues to evolve with advances in new technologies and ntia is at the center for preserving federal missions and ensuring federal users are prepared for a new development in the spectrum landscape. it is our responsibility as members of the energy and commerce committee to oversea ntia implementation of these diverse and important tasks and provide necessary direction when challenges arise. today's hearing is a great start to what i hope is the first of many oversight hearings on these important topics and, again, mr. secretary, it's great to have you with us today. mr. chairman, i yield back the balance of my time. >> the gentleman yields back and good to see your face and not just hear your voice, bob. >> thanks very much. good seeing, you, too. >> the chairman recognizes mr. pallone, chairman of the committee. >> thank you, good to see you. today the

as you say, this is not a purview of the fcc. i will tell you we are in constant communication with the fcc. i've spoken with the chairwoman myself. i've met with her, newly confirmed, thank you, is already in contact with her. they represent probably this summer they will have the maps. i will say this, i do have confidence they will be more accurate than in the past. in the past, they've been broad. these are down to the household and we are incorporating the data from the commerce department into the maps. but for a more detailed answer i would just refer you to the chairwoman of the fcc. >> thank you. i appreciate that. can you -- obviously one of the other aspects of that is what the challenge process might be if there is concern about accuracy. can you speak to what the department is thinking in terms of any kind of a challenge process? >> again, that, this really is in the fcc's purview. our role is take the maps, run it through the formula, get the state allocation then run the program. but i think there will have to be s

we will be using the fcc maps and we will follow the framework of the statute and these fcc maps is how we allocate the funds analyses build other plans and i said were just going to follow when the statute said and follow the framework to do that and i think that and work with a different states and will have to figure out with the maps telus. >> and thank you for addressing that because the accountability of following these apps, think that so important rolling this out in an equitable fashion and several members for the deed program, about how to practically implement by the american provisions giving the complexity the broadband and mrd for ntia to seek a waiver in the office of management and budget for this requirement to ensure the problematic funny can actually be deployed in a timely fashion. >> were looking at that issue carefully and i will say that it is quite clear we have a strong desire with the administration i think all of do, there's a reason we have this that we have only want the mass majority of these monies to be spent american companies inhi american workers they

>> certainly not during my time in office at the fcc, we didn't see that.ary environment, of course, there are different considerations that might apply, and i would have to defer to some of the experts on whether or not that would constitute an act of war. i know you had a nato person on recently who said that could trigger article v obligations for member states, but one of the things we've found is the communications sector now is of great relevance to those involved in military operations. i think it's opened up an entirely new dimension. unfortunately, for policymakers and others, in the communications phase. liz: communication is getting blacked out in russia. just 1:00ing this afternoon eastern time they banned facebook, they just in the last couple of minutes banned twitter. and you start to see how the russians are getting pretty infuriated. there have been mass protests, and even now what is left on television there, russian television is getting troll by people. we found this clip from russian business television, their business network, where a

i mean it was an incredible thing 200 police through that newsroom and when we at the fcc put out and decrying this the foreign ministry told us to mind our own business. so that sort of i think marks or the beginning of what many of us saw as a new chapter in press freedom in hong kong, but i'd like to engage a little bit with that question of apple daily, which was you know, they they were not a polite newspaper. let's put it that way. so let me rhetorically and have seriously ask you through the question back to you did the fcc go too far and putting out that statement because the foreign ministry just slapped you guys down and there come they keep coming after you maybe you'll lose you lose your leash. should you guys and i don't know if you debated this internally when i was on the board there we used to have these debates, you know, should the fcc be engaged in these sorts of of issues. um, i i for one i'll answer the question because it's rhetorical. i think the fcc was perfectly proper to do and i think i i think question is one that a lot of people ask but i think it's it's e

i think the fcc was perfectly proper to do that. your question is one that a lot of people ask but i think it is easy to answer. i do not think you should blame the victim. hong kong people wanted what was promised to them by the chinese. the chinese in the treaty and in basic laws and hundreds of statements all promised hong kong democracy, hong kong people rolling hong kong. -- ruling hong kong. it is not the fault of the victim, these victims are in jail. seven people from apple daily next to each other in jail. have been there over a year, since last june, last july. they have not been tried or convicted, they are not granted bail, is it their fault they were running their newspaper as you and then the ar decided to be slammed into the slammer for that -- and that it is decided that they are to be slammed into the slammer for that? >> this was a person who had it coming, when we put our statement at the fcc, it was you do not understand you are meddling in -- this is not about press freedom, it is about other things. how do you

have you to be a regulator on the fcc.you ad up all she says the positions she has taken about fox is the worse thing since sliced bread or -- putin -- she is wonder bread nobody eats that anymore. you gotta look at her position how read cal on net neutrality. down the line she is far left. one thing that is funny about her. i never met or heard of an fc c commissioner opposed by the fraternal order of police. they oppose her? why? it it is in the because of net neutrality. during our summer of love in 2020 the learning low peaceful prosecute tests where cops were targetd and buildings are burning down. she would retweet and like tweets from aoc and far left essaying defunds the police. so the fraternal order of policement to block this. my guess is that the republicans in the commerce committee whim out. there was talk that they would follow the lead of the banking committee and not vote. boycott a vote tomorrow. so the demes and committee can't push her to the floor. boycott the vote. like with sarah raskin and leftys bi

and, carl, we'll have fcc chair gary gensler on "bauer lunch" today.t climate change and the regulatory agenda that he's got. app lot to talk to 2:15 today. >> good summary. i think that gensler may call for an audit come in and audit you. no more, hey, i'm green. how about the standard it wouldn't surprise me if he demands the standard you may have to hire someone to rate it yourself and i think that it's going to be very eye opening when we see so many companies that claim they're green and gensler doesn't think they're green. it's going to be good 2:00 p.m. >> bob, thank you. we'll be watching this afternoon. quick reminder, get in on the cnbc investing club with jim find out more. in the meantime, as we go to break, a look at the bond report we mentioned the inversions in various parts of the curve today. we did get the two-year back to 2% first time since 2018 on that one. and the 10-year hovering just above 2.22 back in a moment at cdw, we get that your world is always changing and you need to adapt to support your digital transformation. we can

but there's also a lot of enthusiasm so the fcc commissioner in 1951 frida. honeck published a piece in variety, which is a sort of trade magazine for for hollywood and performing arts in which she articulated her vision for television in education television. she said is one of the greatest forces america has ever known for education. but she too then asked to kind of hedge question. she says are we going to let this genie serve as an unvarying diet of horror stories and cowboy daring do ie. are we going to let hollywood take it over? or can we somehow harness the genie to perform wonders of public enlightenment unequaled since the days of the renaissance, right? so again, you have to be kind of picturing. this is what they're seeing another renaissance another enlightenment in television, which something that today is pretty mundane. pretty much a part of our everyday life. so part of where that enthusiasm is coming from is the very successful use of film in wartime context particularly for propaganda and newsreels. so, let me talk a little bit about newsre

oh, hey, if you're in your terrorism, people could be a free trial to touch it. fcc too sounds for 2 years. they're dirty. where would you say that the manhattan m. c. c? is while he done in plain sight, a black sight, an american song? yes, but i would say it's black say that the sense of the black sites that people are being taken out and tortured, but they're being tortured in the way that their daily lives are being managed or not managed. they're not living a day or a life. they are a, a neglected product in a warehouse where there's no maintenance, you know, i mean, even as like the most, the most sol, negating place i've ever bid. one of the things that we need to consider now is become a quite an issue. is how many of these soldiers who used to participate in these kinds of american techniques are now policeman and immigration officers who manage mexicans and hispanics and other sorts of things in integrations. today, there's already beginning to be evidence that these old techniques, including freezing rooms sleep deprivation, all these things are now being used on, on, on i

i want to mention, you know, fcc has a busy agenda this spring. over 50 proposals. been busy on cyber proposals. recently they're voting on a proposal today to basically expand the rules that already exist around cyber and security. what they're looking for today is a proposal on mandatory cybersecurity incident reporting. there was rules around asking for cybersecurity incident reporting for a long time. it's very spotty they want to clean that up make it very clear about the requirements they want dislow sures after four days. after a material cybersecurity incident they want more dislow sures on company's policies and what they are to manage the cybersecurity risks. and they want an update on previous cybersecurity zichbts companies, as you know, david, tepid to drop these after they mention them fcc wants to create new rules to require companies to update on previous significant cybersecurity didn't ises. a lot of this falls around what is material cybersecure city incident. >> the government trying to get corporations to talk to each other, as well, about ident

. >>> still to come, from filing taxes to filing suit, why the fcc is going after turbotax. >> and big tech, bigger gains. cnbc's steve sedgwick will tell us about the hottest stock around and longer. zzzquil pure zzzs all night. fall asleep. stay asleep. ♪ rich, indulgent chocolate with a luscious caramel filling. with love from san francisco. ghirardelli caramel squares. makes life a bite better. a lot of folks ask me why their dishwasher doesn't get everything clean. i tell them, it may be your detergent— that's why more dishwasher brands recommend cascade platinum. it's specially-designed with the soaking, scrubbing and rinsing built right in. cascade platinum's unique actionpacs dissolve quickly... ...to remove stuck-on food. . . for sparkling-clean dishes, the first time. choose the detergent that lets your dishwasher do the dishes! cascade platinum. the number one recommended brand in north america. motrin works fast to stop pain where it starts.seging . uncomfortable period pains. and disruptive muscle aches. you can count on fast, effective relief with motrin. my hygienist cle

it's clear he is a busy man. 2 months after the fcc ruling, he started promoting a new crypto currency. he's also battling a raft of law suits. in february, a judge ordered him to pay a $134000000.00 fine for moving his jot out of the united states in violation of a court order or file for bankruptcy. shortly after i do the more since being kicked out of the whistle blow movement drunk, the home has been trying to rebuild his life. he says he's given up fighting, but democracy. what's in that? and i will go ahead and go ahead and listen. she would have to get us to the gym. i think the if you think she had those, we bought the contents and viola women. so she had li, your mean talk to each other and then somebody a senior, you got kids and i outside of the conflict in the ukraine. how concerned should we be about this on to build up. we bring the stories from different months that are rapidly changing the world. we live in, the one become roches new dollar, or is it becoming rushes new door? counting the coast on al jazeera african stories from african perspective isn't well yet as a w

the fcc wants to know what companies are doing about climate change.y want to know how they impact the climate. xi jinping in china has a similar scoring system where people who don't score very high aren'ted as first class citizens. then the vaccine passports. the government used it as a work around to say who can work and who can't. don't forget about our surgeon general is convenient gaiting how misinformation is spread. >> the only way we when get past misinformation is we limit the power. >> they wanted to control the means of production. and they want to control our information using big tech censorship. does that sounds like the merging of our physical, and biological and physical lives? let's ask klaus schwab. >> we need a fiewftion our physical, digital, and our biological identities. dan: feels like a new world order to me. we are out of conspiracy theories again. please submit new ones, all the old ones are coming true. joining me, the president of the donald trump organization. donald trump, jr. one thing you and i won't know, know, censors

all options are on the table if the fcc fails to approve this request. >> it has been a choppy startyear, not just for crypto but across all asset classes. it is all about seeing bitcoin breakout on that $45,000 level. i think what we are seeing is a couple of native crypto buyers. this is the all-time open interest on that side as well. that is leading to a little bit of a short squeeze in the futures. and thus, the bitcoin prices this morning. quite there was a lot of talk about the fact that institutions would be stepping into this market in a big way. what are you seeing from institutions? >> what is really encouraging to see if some of the traditional players get into crypto trading. there is no question amongst investors that crypto and as i classes are here to stay. all the friends they work with with advisory and custodianship are beginning to offer crypto products and services. that is leading to greater adoption as well as investor appetite. >> speaking of how investors can get into this asset class, there is an etf for that. that is something that grayscale has been pursui

that to is chaired by the secretary of the treasury and composed of the federal reserve board, the fcc, and the cftc. it was formed by a presidential executive order in response to the 1980 seven stock market crash and regularly produces reports on financial market issues for the president, which may include recommended legislative changes. the stablecoin report, the peter bg was joined by the saic and occ. stablecoins are part of an emerging set of -- that can have profound applications for u.s. jobs and economy. the distinction feature of stablecoins, as compared to other digital assets, is that they are designed to maintain a stable value relative to our records assets, often the u.s. dollar. stablecoins have grown rapidly from market capitalization of roughly $5 billion at the start of 2020 to approximately $175 billion today. the peter bg report focused on stablecoins because the offer of a stable value means they could be used as a means of payment by household, businesses, and financial firms. this potential use could create significant benefits for users and payment transaction

the fcc is really pushing ahead with its auditing, the chinese companies are unwilling.hen you combine all of this, it just keeps piling up and i would say tomorrow may be a key -- another key day for china because we could get an interest rate cut. covid zero is looking like an increasingly difficult pulse for china. can you get economic growth without stimulating the economy, economists are saying no and they have to do a lot more than it has done to really support that. tom: joining us at a hong kong, to what extent can they support given those headwinds for the chinese economy. it is remarkable. let's bring back kiran. interestingly when you look at china and you're weighing it up against exposure globally, it still remains one of the preferred regions at least within the asian space. have you second-guessed that? >> if you're looking at a diversified portfolio of equities, it is an allocation on the global scale. when you look in the asian markets we think china is relatively well positioned going forward. firstly relatively cheap, significantly in recent days and o

the fcc chair and commissioners testify before the house energy and commerce subcommittee. you will be able to watch that on c-span.org and c-span now. watch this week live on the c-span networks or our free mobile app. head over to c-span.org for scheduling information or to stream video. c-span, your unfiltered view of government. >> judge ketanji brown jackson appeared for the third day of confirmation hearings before the senate judiciary committee. if confirmed by the full senate, she will be only the sixth woman to serve on the bench and the first african american woman. she spoke about being "the lucky inheritor of the civil rights dream." senator. first, let me just address my comments to

we see this and other agencies, certainly i am concerned about the fcc, the leadership they are working with big tech to further restrict and sensor conservative thought and conservative speech. unfortunately the democrat registration -- legislation where those bills do not take it. the right approaches competition, take away the liability protection, antitrust actions in front of the supreme court in a much quicker fashion. >> the concern is not just going after conservative speech, now they want to go after conservative money. we watch with the truckers in the gofundme, they want to pick and choose who people give to. it is the power that they have to be able to control so many. i know this is one thing we are and looking a great deal on. you work on jobs in the economy, if there is one thing i would say, the number one thing on americans minds is the rising cost of everything. every food item, your rent, everything you do your dollar just echo as far. we have watched -- does not go as far. we have watched with this one party rule, now we just gasoline, but with policy have created th

at 10:30 eastern, the fcc chairman commissioners testify before the house energy and commerce subcommittee. you can watch that on c-span.org and c-span now. watch this week live on the c-span networks or c-span now, our free mobile app. head over to c-span.org for scheduling information or to stream video live or on-demand any time. c-span -- your unfiltered view of government. >> now, ohio governor mike dewine delivers his 2022 state of the state address. he talks about expanding access and resources to mental health and addiction programs. his two previous state of the state addresses were canceled due to the covid-19 pandemic. this is just under one hour. [applause] delivers his 2022 state of the union address talking about expanding access and resources to mental health and addiction programs. governors previously stated canceled due to the covid pandemic. this is just under one hour. [applause]

bidens pics around fcc committee headed to a senate vote.as republicans up in arms. his his reputation about to come down? that's next. ♪♪ president biden partisan nominee is one step closer to power. last week the senate commerce committee move forward with bidens nomination the federal communications commission after months of heat hearings. this means something, something for freedom and free speech and republicans i think angry lindsey graham, john thune, dan sullivan, they avoid their concern over partisan comments in the past. ftc have been stalled for months the two -- two deadlock while critical issues like broadband funding neutrality hang in the balance. this president biden's controversial center chance in a full senate vote? here to discuss, director of the cato institute project on emerging technology, matthew sweeney, visio, it's been so long. how are you? >> very well, good to see you. kennedy: how are we? we are kind of host if a partisan hack like this, i hate fox news, it's the worst, so dangerous for democracy. they are a

that 10: 30 eastern, the fcc chair and commissioners testify in an oversight hearing before an house energy and commerce midi -- meeting. watch this week live on the c-span networks or on c-span now, our free mobile app. also head over two c-span.org for scheduling information or to stream the live or on-demand any time. c-span, your unfiltered view of government. >> there are a lot of places to get political information, but only at c-span do you get it straight from the source. no matter where you are