one thing that is of greatest concern to me that came out in the order was the note of proposed rulemaking relating to ip interconnection. this is the interconnection of, in essence, internet services or internet companies and particularly voiceover ip. this is an area where the government hasn't engaged before, and it is an area that has been left to commercial agreements among companies, pairing arrangements, if you will. and i think that we had -- the thing that causes us concern about this is if we look at it in the context of the international arena, we have in europe the carriers in europe calling for rules on ip interconnection that would allow them to charge for the delivery of traffic to their, to their countries, into their countries. the developed world has wanted to establish a system that was similar to what we had in the old voice world, a system of charges for delivery of traffic to the developed world because they want to collect this money in order to build up their infrastructure. this is something which puts, in essence, old world regulation into the new world, and it al

therefore in today's further notice of proposed rulemaking, we seek comment on a new proposal. we now seek to replace the requirement of a public file at each television station with the requirement that stations submit the relevant documents to the fcc for inclusion in an online public file to be hosted on the commission's website. by hosting the public file the commission will lessen burdens on broadcasters, in part because we be able to import documents that stations already file. without requiring further actions by licensees. these document will account for about a third of the items that are required to be placed in the public file. the further notice proposes a few modifications of existing public file requirements. for example, largely for privacy reasons the item proposes to exempt letters and e-mails from the public from the online posting requirements. these items would instead be capped at the station in a correspondence file. the further notice also proposes to require the online posting a sponsorship identification that are currently only disclose over the air as

those recommendations will be carefully considered as the basis for future rulemaking. safety and oversight gaps that had already been identified in significantly improved upon since the tragedy. these include our safety drilling wells which i describe to you here on previous occasions. our reform since the deepwater horizon tragic have been brought in swift end of the deepwater drilling significantly safer. but the jit report is a sobering reminder that the remains more to be done. we must continue to analyze information that becomes available and implement reforms necessary to make offshore oil and gas production safer, smarter, and with stronger protections for workers and the environment. the process of making offshore energy develop both safe and sufficient will never be complete. it must be a continuing ongoing dynamic enterprise that remains responsive to new learning. as we a guy with the lessons learned from the jit report i believe the industry is uniquely poised to assess find and test creative solutions. to that and i hope the companies will take a hard look

those recommendations will be carefully considered basis for future rulemaking.the findings reinforce and build on safety and oversight gaps that had already been identified and significantly improved upon since the outer dress and tragedy. these include killing safety will enter since it will come which i describe to you here on previous occasions. our reform has been broad and swift and safe air. but it is a report there's more to be done. we must continue to analyze information that becomes available and implement reforms necessary to make offshore oil and gas production safer, smarter and stronger protections for workers and the environment. the process of making development the state as a bishop will never be complete. they must be continuing ongoing dynamic enterprise that remains responsive to new learning. as we evaluate lessons learned from the jit report coming to a test creative solutions. to that end i hope account may so take a hard look at this report as well as other recent investigations to understand what went wrong and think about what they can

if the process is not going to work and we do not have harmonies between rulemaking, what direction should we be going in? >> it is a dramatic improvement in the system that we had before the law was passed. they recognize, if you had them here with me, they had committed the same basic objective. a very elaborate and closely coordinated process. you will want to see it but we do, how they are committed to it. it is a bit messy to look at, i agree. we have got to keep them emphasizing the importance of it. >> if it is not working, what is the alternative? should we elevate this to another level? a working group? >> you do not need another committee, that is for sure. you have enough. there is no committee to tell them what to do, and i would not seek that authority. i think it is working, it is just that we cannot be certain that it is going to work well enough. but i do take an optimistic view. >> you said you were worried about the cumulative burden of regulations. just the first 100 to regulations that came out, for example, according to the regulators, will take 10.8 million hours of c

the further notice of proposed rulemaking proposes structural and operational details for phase two of the mobility fund, including a distribution methodology, eligible jay graphic areas and providers, and public interest obligations. finally, the order dead indicates at least $100 million in annual support to provide voice and broadband to the fewer than 1% of americans living in remote areas where the cost of providing traditional terrestrial services is extremely high. the further notice we comment on how to award the support as part of a dedicated remote areas fun. victoria goldberg will now discuss icc. >> i cc is a regulated federal system of payments between carriers for delivering phone calls. the system, created in the 1980s, reflects geography based permanent chances and subsidies. the system is erode rapidly as the demand for traditional wireline service falls and consumers opt for other services, including wire, voice, texting, and e-mails. this order reforms the ittc system to benefit consumers, including reduced rates for telephone and broadband services and improves the

the further notice of proposed rulemaking proposes structural and operational details for phase two of the mobility fund, including a distribution methodology, eligible jay graphic areas and providers, and public interest obligations. finally, the order dead indicates at least $100 million in annual support to provide voice and broadband to the fewer than 1% of americans living in remote areas where the cost of providing traditional terrestrial services is extremely high. the further notice we comment on how to award the support as part of a dedicated remote areas fun. victoria goldberg will now discuss icc. >> i cc is a regulated federal system of payments between carriers for delivering phone calls. the system, created in the 1980s, reflects geography based permanent chances and subsidies. the system is erode rapidly as the demand for traditional wireline service falls and consumers opt for other services, including wire, voice, texting, and e-mails. this order reforms the ittc system to benefit consumers, including reduced rates for telephone and broadband services and improves the

in fact, i think you said this morning that failure to coordinate rulemaking will be enormously expensive to the economy and create opportunities for regulatory arbitrage as. as the overseer of that process, what are you doing to go above and beyond to get these agencies to coordinate? >> under the law congress passed, i was given responsibility to coordinate but not to enforce it. i am doing it to try to get it together and make sure it is being sequin stanley a sensible way. of course, this has cost and we are trying to make sure it's done in a way to make sure it's done. but you did not give me the authority to compel them to work closely together. they are going to be protective of that, but where they have the flexibility to be more aligned, they are moving closer to being aligned. i think an example, particularly on derivatives and conduct standards, there is obviously not mutual agreement on those. those are very important issues to the economy. i think you make a good point. you were not given the authority to compel these agencies. is it a flawed process? maybe this is the most i

you know, i think the length and complexity underscores a broad concern about the dodd-frank rulemaking process. i do think dodd-frank is a big law and it needs to be big. there were a lot of things that needed to be fixed. gone the other hand, already regulation the subject to political pushback and pressure, a lot of lobbying activity. now more than ever we need broad public support. we've got to have it. the regulators cannot stand up to all of this if they don't at least have some broader public support. that kind of support is difficult to obtain. these rules are so complex you, you can't explain what they are trying to accomplish and how that benefit the broader public. so i do think, you know, the rules are complex for a couple reasons. i spotted the fdic, a couple things happened. one is to try to prevent gaming. and i'm talking the lawyers. lawyers especially do this. they were going to have this basic rule on proprietary trading and risk retention for securitization or whatever they try to start trying to anticipate ways that could be gained. some of the thinking is good, but

will have to start a new rulemaking for boilers and incinerators and follow a whole new approach for setting emission standards, and that's going to cost money. c.b.o., who's usually the referee on these questions, determined that h.r. 2250 does in fact authorize new discretionary spending. c.b.o. estimates that implementing this bill would cost e.p.a. $1 million over a five-year period. but the bill does not offset the new spending with cuts in existing authorization. that's a clear violation of the plain language of the republicans' cut-go policy. of know what my republican colleagues are going to say because they said it last time we were considering legislation. they will argue that this bill doesn't create a new program. they'll say that e.p.a. can use existing funds to complete the work mandated by the bill. well, that's now -- not how appropriations law works. anyone familiar with federal appropriations law knows this and the government accountability office, or the congressional budget office can confirm it. h.r. 2250 does not include an authorization, but that does not have

you know, i think the length and complexity underscores a broad concern about the dodd-frank rulemaking process. i do think dodd-frank is a big law and it needs to be big. there were a lot of things that needed to be fixed. gone the other hand, already regulation the subject to political pushback and pressure, a lot of lobbying activity. now more than ever we need broad public support. we've got to have it. the regulators cannot stand up to all of this if they don't at least have some broader public support. that kind of support is difficult to obtain. these rules are so complex you, you can't explain what they are trying to accomplish and how that benefit the broader public. so i do think, you know, the rules are complex for a couple reasons. i spotted the fdic, a couple things happened. one is to try to prevent gaming. and i'm talking the lawyers. lawyers especially do this. they were going to have this basic rule on proprietary trading and risk retention for securitization or whatever they try to start trying to anticipate ways that could be gained. some of the thinking is good, but

when you've given rulemaking to an agency, how far can you go? can congress get together and say, the president can do anything he wants and adjourn. of course not. is it ought to the courts to decide where the line is drawn between enough authority and too much authority? i would not apply or let the courts apply the doctrine of a unconstitutional delegation. i would not give into it. some of my colleagues would. >> in the situation where we said, we shall have a good law. the power to make good laws is delegated to the department of good law. >> i would do that when the that is not going to happen. i am talking about any real situation. >> i have a question for you, i enjoyed reading parts of your new book, making our democracy work. it is well written and fascinating. it is good reading for any american who wants to learn about the systems. he suggested that there is rarely an easy answer to the question of what level of government should resort responded -- be responsible for legislation. the question usually turns on empirical information. y

wireless industry has taken the steps to help consumers avoid rough shock and we'll put our pending rulemaking on hold. we will however be monitoring system make sure all carriers provide this necessary information to consumers as promised and if we see noncompliance we will take action. to help ensure compliance, consumers union and the fcc will work together to launch a new web portal on the fcc web site that will allow consumers and anyone to see what types of alerts are provided by each member of ctia, by each company in the wireless industry. this portal will allow the fcc and the public to track whether carriers have complied with their obligation. this public portal will also provide public incentive for carriers to move quickly with implementation. carriers competing to see who can provide the best alerts, notification. today's announcement is a big win for consumers and i want to thank the people who made it possible. first ctia for your constructive, engagement and your proactive and responsible actions, innovative mobile devices benefit consumers every day, connecting families and f

because i believe, again, it is the uncertainty of the rulemaking process and frank thirty certainty of bad rules that is inhibiting a lot of our job creators today. >> i disagree with you but i'll respond the following way. if you talk to community banks across the country as i do. most of them will say they recognize that they were largely and almost completely left out of in the dodd frank act. but they are concerned they're under too much pressure from examiners to tighten beyond what they think is necessary. they don't complain about the regulatory frame work. as you know the people who work support the bill and they are privileged in many ways but say the concern is getting all the heat from the examiners it's hard to justify that examiners are trying to do their job. >> we're running out of time but it's clear we're speaking to a different universe of community bankers but i appreciate your testimony and yield back. >> i thank gentle woman miss maloney. >> first of all, i'd like to say thank you mr. secretary for your service. you probably understand more than anyone how close

now when you give rulemakings to the agency, how far can you go? can congress just get together and say the president can do anything he wants and adjourn? of course not. that has to be unconstitutional. but is it up to the courts to decide where the line is drawn between giving enough authority to the chief executive and too much of 40? it is simply a question and i for one would not apply, would not let the courts apply the doctrine of the constitutional delegation where the delegation this to the executive. >> as long as it is to the executive branch agency. >> some of my colleagues what i suppose. >> even the situation we passed the law saying for example we should have a good law. the power to make good law is delegated to the department of the could block. if a good and talking abut any real situation. i can't imagine sticking my toe in that water. >> okay. justice breyer, had a question for you. i really enjoyed reading parts of your new book making our democracy work. it's very well written a fascinating and a good reading for any loss to d

you know, i think the length and complexity underscores a broad concern about the dodd-frank rulemakingprocess. i do think dodd-frank is a big law and it needs to be big. there were a lot of things that needed to be fixed. gone the other hand, already regulation the subject to political pushback and pressure, a lot of lobbying activity. now more than ever we need broad public support. we've got to have it. the regulators cannot stand up to all of this if they don't at least have some broader public support. that kind of support is difficult to obtain. these rules are so complex you, you can't explain what they are trying to accomplish and how that benefit the broader public. so i do think, you know, the rules are complex for a couple reasons. i spotted the fdic, a couple things happened. one is to try to prevent gaming. and i'm talking the lawyers. lawyers especially do this. they were going to have this basic rule on proprietary trading and risk retention for securitization or whatever they try to start trying to anticipate ways that could be gained. some of the thinking is good, but s

the further notice of proposed rulemaking proposes a structure and operational detail for phase two of the mobility fund including a distribution methodology, eligible geographic areas and providers and public area -- public-interest obligations. finally, the order dedicates at least $100 million in annual support to provide voice and broadband to the fewer than 1% of americans living in remote areas where the cost of providing traditional, terrestrial service is extremely high. further notice is incumbent on how to award support to this remote areas fund. victoria goldberg will now discuss itc. >> this system, created in the 1980's, reflects geography-based permanent charges and explicit subsidies that are fundamentally in tension with and a deterrent of deployment of modern networks. the situation is eroding rapidly as demand for wired lines dropped and consumers increasingly opt for wireless, voice, texting and e-mail. this order comprehensively reforms the itc system to help bring substantial benefits to consumers, including reduced rates for both telephone and broadband services.

when you give rulemaking to one, how far can you go? can you say the president can do anything he wants and adjourn? of course not. that has to be unconstitutional. is it up to the courses i where the line is drawn between giving enough authority and too much authority? it is a nonjudicial question. i would not let the courts do this. >> >> i suppose. we shall have a good law. that is not going to happen. back i have enjoyed reading parts of your new book. it is very well written. you suggest that there is rarely an easy answer to the question of what level of government should be responsible. the question usually turns on empirical and information such that it helps determine the answer. you explain that very often this means that they ought to step aside. how is congress deciding the contours of the boundary? >> that is right. the start talking abstractly. it seems appropriate for local answer. you're arrested him for having done so. they are torpedoes. it is so complicated and difficult. this is my point. >> if that is the case, the