wheeler. chairman wheeler: thank you very much mr. chairman.embers of the committee, i will take that hint and try and skip through early paragraphs. i'm proud of the process that the commission ran to develop the open internet order. it was one of the most open and transparent in commission history. and the public participation was unprecedented. last april, i circulated a draft, that included a set of open internet protections, and also asked questions about the best way to achieve an open internet. the open internet nprm, adopted in may, proposed a solution based on section 706 do the calculations act of 1996. it also asked whether title ii of the act of 1934 would be a better solution. a quick point on procedures. while historically some nprms just ask questions, during my chairmanship, i made it a policy to present draft nprm's to my colleagues at the means to fight for attention. i believe this is an important part of an open and transparent rulemaking process. let's be clear. the proposal is tentative. not a final conclusion. the purpose

wheeler. chair wheeler: thank you very much mr. chairman. members of the committee, i will take that hand as well as your forgiveness and try and skip through early paragraphs. i'm proud of the process that the commission ran to develop the open internet order. it was one of the most open and transparent in commission history. and the public participation was unprecedented trade last april i circulated a draft, that included a set of open internet protections, and also asked questions about the best way to achieve an open internet. the open internet npr and adopted in may proposed a solution based on section 706 do the calculations act of 1996. -- telecommunications act of seven and -- 1996. whether title ii of the act of 1934 would be a better solution. a quick point on procedures. while historically some npr ends just ask questions, during my chairmanship, i made it a policy to present draft nprm's to my colleagues at the means to fight for attention. i believe this is an important part of an open and transparent rule. the proposal is tent

wheeler: no sir. donnelly: diddonnelly: did the white house ever directs you in the framing of the rule? wheeler: no sir. even when they filed, it was not a direction. it was here is our of opinion. millions of americans had been writing to express. donnelly: as we saw in a letter to the ayatollah, one doesn't want to put too much credence in letters. i thought i would sneak that in. is there, the chairman was suggesting in his time that you could have waived the role to bring the public in at an earlier date at a drafting of the rule. your answer to that was a little bit to read a cold, yes i have that power, but it is not a power practice. following up on the question why in looking at that did you not avail yourself? wheeler: there are many reasons why. you put out a draft, what do you do two days later when paragraph 345 gets changed? do you put it out again and say, look at this? had you deal with the back and forth between offices. how do you deal with ongoing research. is it right to have this

chair wheeler: yes sir. representative palmer: i have here a copy of your ex parte filing on the president's statement on net neutrality, and mr. wheeler, it is two paragraphs long. three sentences total. are we left to believe that the entirety of the white house's involvement in this process can be captured in just three sentences? chair wheeler: i am now been passed. thank you. this is a letter from november 10? rep. palmer: i believe it has a two page attachment with it think it's quite specific and says what bright line rules should be an things such as that, that wireless should be mr. palmer: i believe it is three sentences. chair wheeler: i disagree that they put in here the entire statement of the president. he was saying this is what i think we ought to stand for. mr. palmer: are you telling us that jeffrey came over to meet with you and just read the president's statement? i will yield back. chair wheeler: maybe i am confused. i do not think that was the question. mr. palmer: let me be more specif

chairman wheeler: yes, ma'am. delgate plaskett: it appears to be that you did not do part, in any way, from your rulemaking process in this respect. in regard to the open internet. it is really have been a question to many people's's mind -- many people's mind chair wheeler: that is correct, yes. rep. plaskett: and then there is a question of whether that discretion was appropriate or not appropriate, like the president weighing in on the -- -- that would have huge importance to the people of the united states. chair wheeler: i can't comment on that hypothetical, but my statement is that we followed the protocols. rep. plaskett: thank you, very much. i yield the balance of my time. rep. chaffetz: sure, sure, and now we recognize the gentleman from oklahoma, mr. russell, for five minutes. rep. russell: thank you, mr. chairman, and thank you, mr. wheeler for your long and dedicated role, and i know it is often thankless. while opinions differ, your dedication is appropriated. chair wheeler: sir, i recognize your bad

i've got it on video, by god. >> only three trucks behind wheeler.shot. >> eight, going down -- >> i knew it was going bad then. >> get out of the kill zone. >> wheeler's camera captures the growing panic. >> jesus christ, help us all, lord. i got six and seven behind me. they're screaming at me to go, go, go, go. you know, everybody's on the radios hollering, wanting to get out of there. and i'm scared to death just like everybody else is. [ gunfire ] >> the drivers try to keep moving and get out of harm's way, but shots fired at truck one derail the entire convoy. >> truck down. truck one's down. >> and his truck turns over. now everybody's stopped. and i almost rear-ended the humvee in front of me. >> but he never lets the camera go. >> truck five is stalled out. >> all the brakes was locked up on it. i knew i was in trouble. >> go, go -- >> i am -- truck five cannot move. please help me. >> wheeler is trapped inside his truck with no weapon to defend himself. [ gunfire ] >> and nowhere to run. >> move out of the way if you can. >> i cannot move.

wheeler, chairman wheeler. is it unusual for an independent agency such as yours to communicate with the executive branch? >> no, sir. >> is it routine? >> yes, sir. >> does it compromise independence as you understand the word? >> no, sir. >> would you -- if we examined -- i mean the chairman began his questions by reading off a list of meetings that apparently lyly we're supposed to see as sinister. you or your colleagues meeting with various white house officials. would that be unique to your tenure as chairman? i mean we -- previous chairman never did that, is that correct? >> i haven't seen the logs. but i believe that every chairman has these kinds of meetings. >> is there something sinister in the timing of these meetings? so -- because i think the insinuation from my friends on the other side is meant to suggest that there is something really deliberately sinister here. you are meeting with them either to tailor the rule or to get your instructions or to have some kind of quiet sub rowsive conversation

wheeler. on january 7th chairman wheeler announced they would reclassify broadband under title two. i'm sure much will be made about the 4 million comments made but they were not made in the context of changing this to title two. the fcc adopted the rule change on february 26th in a 3-2 vote. the lack of transparency surrounding the open rule-making process leaves us with a lot of questions. this is a fact-finding hearing. this committee commits to fact-finding across government. and i look forward to hearing from mr. wheeler. and with that i recognize the ranking member mr. cummings for five minutes. >> we're here today to discuss net routeality, the rule adopted last month by the fcc. there are strong opinions on all sides of this issue. no doubt about it. on one hand, internet service providers including comcast, at&t, verizon and time warner oppose the rule wand lobbied against it. they argued that it would increase fees reduce investments, slow network upgrades and reduce competition and innovation. on the other hand, supporters of this new rule contend asp's should not be allo

wheeler, how you arrived at the forbearances?d you sort of start with the net neutrality principles and then forebear everything else, or how did you arrive at

"oh, wheeler, former lobbyist."hat they also leave out is former entrepreneur who started half a dozen companies, former venture capitalist who understood the importance of open internet, and access to networks. and so i walked into this job being a strong proponent of open networks. brad: did the very public statement by the obama administration last year play a role in the new rules? chair wheeler: we had been going through a whole process. i had proposed in february of -- a set of rules that took a slightly different approach using what is called section 706, but also asked the question about, should we use title ii? and between that period in february and -- or may to the middle of summer, i met with a whole bunch of consumers and innovators and investors who all said there is a real problem in the approach you are looking at. cory: brad stone with f.c.c. chairman tom wheeler. he also spoke with at&t's glenn lurie about net neutrality. glenn: our vision is about everything that is connected. the industrial inter

wheeler, for testifying. you claimed in your opening statement, this was the most open and transparent rule making in fcc history. is that correct? >> yes, sir. >> you've claimed in your testimony that awful your communications with the white house were properly accounted for with ex parte filings. is that correct? >> yes, sir. >> would you put up the slide, please? can we have a slide? while they are working on that slide, i have here a copy of your ex parte filing for the president's statement on net neutrality. mr. wheeler, it's two paragraphs long. three sentences total. are we left to believe the entirety of the white house's involvement in this process can be captured in just three sentences? >> i'm now being passed. thank you. this is the letter november 10, dear miss dorsch? >> that's correct. >> i believe it has a two-page attachment with it that gets quite specific and says what brightline rules should be things such as that, wireless should be covered, things like that. >> do we have that? >> they

wheeler.c would radically alter course and reclassify broadband and mobile services under title 2. i'm sure much will be made about the 4 million comments that were made, but they were not made in the context of fully changing this to title 2. the fcc adopted the rule change on february 26th in a 3-2 vote. the lack of transparency surrounding the open internet rule making process leaves us with a lot of questions. this is a fact finding hearing. the committee remains committed -- this committee remains committed to ensuring full transparency across government. i look forward to hearing more from chairman wheeler today. with that i will now recognize the ranking member from maryland, mr. cummings for five minutes. >> thank you very much, mr. chairman. we are here today to discuss net neutrality, the rule, that was adopted last month by the fcc. there are strong opinions on all sides of this issue, no doubt about it. on one hand, internet service providers, including comcast, at&t verizon and ti

it's something my boss chairman wheeler talks about. he talks about a network compact, values that underlie our telecommunications systems that must be preserved regardless of the technology. so the network compact has values like access, competition consumer protection, public safety, again this is just with regard to networks. so i wanted to ask the folks on the panel maybe we'll start with frank and go down. what are the values that ought to be underlying or animating or digital world? what are the things that are not necessarily included in the network compact that we ought to be thinking about as technology changes? let's start with you frank. >> i think one way of looking at this is should those values actually be any different from the values that any company or government for that matter has when they're talking about issues or products or services that have direct impact on consumers or are meant for consumers. i mean, did you -- do we go back to the basics and say consumers ought to be treated fairly? that they ought to have s

wheeler, this is my time, how do they qualify under both? if they are discussions with the white house, my goodness, that is the highest office in our land. i see that the american taxpayer doesn't see that as significant and substantial. how can they not be significant and substantial and you deny them under a deliberate process -- >> there are multiple were not instructions given to me. i've been on the record on that and been clear. second is -- >> that's not the basic -- that's not the determination. >> i'm about to -- the determination also is that specifically interactions with congress and the white house are excluded from ex parte and have been since 1991. but i'm going beyond that and saying that is a non-ex parted conversation. >> under what basis? >> i got no instructions -- >> under what basis? you can't just make that up. the law says what is required to be revealed and what is not to be revealed. and a deliberative process privilege applies when you can show a direct part of the deliberative process or that it makes recommendat

chairman wheeler, to continue to work with us to craft the right policies to accomplish that goal. as important as the issue of net neutrality is to this nation, we should never forget the other vital work that is done by the fcc. with ongoing regulatory oversight over as much as one-sixth of our nation's economy, this agency plays a critical role in ensuring universal access and promoting competition and protecting public safety and protecting consumers. the fcc recently closed the biggest spectrum auction in history, $41 billion. and funding the nationwide public safety wireless broadband network in providing $20 billion for deficit reduction. that's huge. and it's in the midst of planning for the voluntary broadcast television incentive auction, a new form of spectrum action that could fundamentally change the nation's spectrum policy. yet, we can't rest. and when it comes to spectrum, continued public and private technological development will continue to put train on us. congress, the fcc and the rest of the federal government needs to work together to develop a smart forward

wheeler how you arrived at the forbearances? did you sort of start with the net neutrality principles and then forebear everything else or how did you arrive at those forbearance questions? >> thank you, senator. we started with back to 332 and senator markey. and those 19 that clearly have, experience has shown are not necessary. and then we went through and said what are other ones that in this situation are not applicable. and that got us a list of 27, up from the 19 of earlier. >> so what remains of the four principles of net neutrality that haven't been foreborn? >> i won't go through the list but the highlights, the big ticket items. section 101 and 202, which is basically where this just and reasonable test resides. section 208, which is the consumer protection aspect. section 222, which is the privacy activities. section 254 which is universal service and that's probably the first hand. >> is it fair to say this is unprecedented as far as the number of things that have been foreborn. has that been done before. >> it was

tom wheeler faced tough questions on tuesday at a house oversight committee hearing. last month the fcc approved 3-2 along party lines new open internet rules designed to prohibit internet service providers from blocking or discriminating against legal content moving through their networks. commission members are testifying today in front of the consumer science committee. bill nelson of florida is the ranking member. we expect the hearing to get underway shortly here on c-span3. >>> good afternoon. this hearing will come to order. it's great to have all five of our fcc commissioners with us. we want to welcome you and generate a bit of a crowd. interest in some of these subjects i think here, senator nelson. so let me just start with my remarks and then we're going to -- i'll yield to my distinguished ranking member, the senator from florida, senator nelson for his remarks and then we're going to ask the fcc commissioner to confine their remarks to three minute so we can get to the question and answer which is what i think everybody around here is interested in. so w

-- chairman wheeler excuse me. then why did you choose not to have the entire commission revote on the advisory order on march 12th especially if the fcc staff played substantive editorial clang? >> so the changes that get made were changes that were in response to dissents wrihich we are required by law. >> can you make that february 26th order available to you? >> sure. it is on the website. >> okay. >> it's on the website. yes. >> the final one. he's saying the one we voted on the day of. >> yeah. the final order is on the website. the issue here is that we're -- >> i don't believe it is. we'll follow up on that but maybe we could get to the bottom of that. i think the issue right now is transparency and accountability. even within the commissioners here -- >> the final order is not on the website? >> the document as we voted on on february 26th is not on the website. >> the final document as required by process and the law -- >> the question, to prove transparency around the process. >> so then i'd like to asso

we had -- it's a process you've got to stay vigil on as chairman wheeler, you mentioned. first we dealt with 911 over sell. then really want to location. then we went to voice over internet now we're back in the location. because i'm being told by some that there are too many right now and that they may be should centralize those to any comments let's briefly became. >> one of the interesting things in your bill that u.n. ms. eshoo had was -- that you and -- you had states have state level coordination and. and by and large that has been observed in the breach. it hasn't existed. the situation i talk about in georgia, there's no state level coordination in georgia. and this is introducing mobile means that the people on the right side of the people on the left side of the map need to be able to be talking to get a the decimal standards. let me give you one more you ticked off some of the issues regarding tech don't you. the other is a text the nine the 911 which we have required carriers to do, of which the 6500 psaps in the country 200 implement it. that means america's

we have rod wheeler, the former dc detective and criminal investigator. rod you have been there to ferguson missouri tell us about your experience. >> first of all i think it is important to note that the crime that occurred here tonight the assault with the intent to kill. once the police determined who committed the shots that's what they will be charged with. you listen to the eyewitness describe the police going back and forth across the street, let me set the stage for the viewer so they can get an idea exactly what this area looks like. across the street from the police department on the street corner that's where most of the protests throughout the summer months and the fall, that's where most of the protesters stayed directly across from the police department. behind the protesters there is a parking lot and there is a row of houses that goes up on the hill. that area is very dark. i can clearly see how somebody could hide on that side of the street and then shoot across to the police officers. the police department is very well lit. there is a lo

wheeler. chairman wheeler: after a decade of debate and an open, robust, year-long process, we finally have legally sustainable rules to ensure that the internet stays fast, fair, and open. cory: over the next 20 minutes we will have an in-depth discussion on net neutrality and what it means for global business. we caught up with steve wozniak who attended the vote and had these comments. steve: the internet was so beautiful when it first came. even when it was dial-up. it was such an open and free expression form, and over time decisions were being made by the isp's, the gatekeepers, you might call it. do we trust them to make decisions? no, we need some kind of supervision of their bad behavior. are they likely to make deals and accept bribes? peter: you are confident that the rulemaking adapted today will in fact ensure an open and free internet? steve: i think it will be a positive step. i think the other side is also for open and free internet. the decision today goes a lot further than n

wheeler, how you arrived at the forbearances? did you sort of start with the net neutrality principles and then forebear everything else, or how did you arrive at those forbearance questions? >> thank you, senator. we started with back to 332 and senator markey. and those 19 that clearly have, experience has shown, are not necessary. and then we went through and said, what are other ones that in this situation are not applicable. and that got us a list of 27, up from the 19 of earlier. >> so what remains of the four principles of net neutrality that haven't been foreborn? >> i won't go through the list, but the highlights, the big ticket items. section 101 and 202, which is basically where this just and reasonable test resides. section 208, which is the consumer protection aspect. section 222, which is the privacy activities. section 254, which is universal service and that's probably the first hand. >> is it fair to say this is unprecedented as far as the number of things that have been foreborn. has that been done before. >> it

wheeler. chairman willard announced the sec would radically alter -- the fcc would radically alter the course. the comments were not made in the context of fully changing this to title ii. the fcc adopted the change on february 26 and a three-to vote. a the lack of transparency leaves us with a lot of questions. this is a fact-finding hearing. this committee remains committed to ensuring full transparency across government. i look forward to hearing more from chairman wheeler today. i will now recognize the ranking member from maryland. rep. cummings: we are here to discuss net neutrality. the rule adopted last month by the fcc. there are strong opinions on all sides of this issue. no doubt about it. on one hand, internet service providers, including comcast at&t, verizon, and time warner oppose the rule and lobbied against it. they argued that additional regulation would increase fees, reviews investment, slow network upgrades, and reduce competition and innovation. on the other hand supporte

everyone says wheeler, former lobbyist.y also leave out former entrepreneur who started half a dozen companies former venture capitalist who understood the importance of open internet. and access to networks. i walked into this job being a strong proponent of open networks. >> it's a very public statement by the obama administration, did that play a role in the new rules? >> we have in going through a process. i proposed in february a set of rules that took a slightly different approach, using a section 706 but also asked the question should we use title two? between february and may to the middle of the summer, i met with a whole bunch of consumers innovators, investors, who all said there's a real problem in the approach you were looking at. >> brad stone with fcc chairman tom wheeler. are we in a bubble? does it solve anything when the nasdaq closes at 5000 yesterday? we talk about that, coming up. ♪ >> you are watching "bloomberg west," will refocus on innovation, technology, and the future of business. i'm cory johnson

chairman wheeler chairman thune cover this so i want to reiterate what he said. last year led almost 90 members of the house members of congress signing a letter asking the fcc to adopt a mechanism for rural rate of return characters. we talked about that and i wanted to reiterate my support for a tailored update of the mechanism that would allow carriers to move forward with broadband deployment in areas where it's needed. >> if i can do a commercial here for 30 seconds. >> would have the same unity that you're hazarded earlier? >> yes. we are doing that. >> the great thing about the rate of return is that there are these small vibrant heart of the community organizations in very small communities. getting a court amongst them as to the best way to help them do their job is worthy of henry kissinger. i hope that we can have the help of u.n. senator thune and the committee to help send that message the said hey folks it is time to quit bickering over details. let's have a common approach because we are going to move and we will make that decision if we have to ma

>> a situation on 270 southbound and germantown as a result of an 18 wheeler and a vehicle. they got into agent bit of an accident there. so causing some resid -- into a little bit of an dent there. so causing some residual delays. we'll be talking about alternate -- an accident there. so causing some residual delays. we'll be talking about alternate routes. >> if you're going to be running tomorrow, you'll be running in the rain. [ multiple voices ] >> he's a runner, too. that's why he knows. >> we'll be running the d.c. half marathon. regardless, if you're standing out there, you'll be wet. taking a look at satellite radar, you can see what's coming. it's headed this way for this evening and through tomorrow morning. timing really couldn't be worse. someone treated me and said i've been running the d.c. marathon for 16 years and this is the first time that it's going to be wet. well, maybe it's friday the 13th throwing everything off but we are going to see a wet start for tomorrow. it really doesn't start to taper off till the afternoon. we're going to be dry today, thoug

wheeler said he is redefining -- mr. commisso: i do not know how that is going to work out. my people know the answers better than me, but there is all kinds of the justice, -- logit stics and regulatory issues with what wheeler is trying to do. the question is -- do i qualify? if netflix can do that -- reporter: do you think it would lead to increased competition for you guys? mr. commisso: it probably could. but listen, i lost 650,000 video customers in the last 12 years. i've lost - i'm not proud to say that. but when somebody calls me a monopoly maybe they should look at the facts. monopolies do not lose customers. i have because people do not want to pay the money they're paying at the end of the day. now we are trying to replicate the failures of what happened in 1992 with what the fcc has done today. today is thursday the very choice six. -- february 26. i have no doubt this is not good for the american consumer, at least the consumers i serve. we'll only increase costs. if it cost me more money and i cannot pass along to netflix or google, then who is going to pay fo

tom wheeler will tell you they are going to get litigated. >> do you see this as leverage that the fcc will be challenged -- the leverage of people who want to -- will the legislation decrease if you deny the stay during the review. >> guest: i cannot read the politics of why the democrats tonight -- don't -- want to work with us on this. i understand politics. but i hope had order is out and once they look at it they will say we may need help fixing things. this really won't work. and then there is that story today i saw in "forbes" on google and the argument of how they block and throttle and own ads. if we get into the blocking and prior prior prior priortiization this is about how i reach you and we communicate. if one entity is pushing it through where is the one saying i am going to move this through and i will move this and you will never see this and i am in control here. i don't know if that is in our jurisdiction but it is in the public's mind there is more to the internet than the carriage. >> host: you mentioned politics. you are chair of the national republican congression

. >> it is a 200-pound tire from an 18-wheeler.t rushes past the two men at an estimated speed of 45 to 60 miles per hour. >> i remember hearing the horn from an 18-wheeler. it was actually another 18-wheeler behind the vehicle that had lost the wheel trying to warn us because he could see it coming. >> the runaway tire races down the road, coming from behind. >> the tire hit the very back of my holster. >> you all right? >> yeah. >> and it caused it to twist around, which caused a bruise on the complete right side of my hip. it ripped out the holster, smoothed down the rough edge of the holster, and it messed up the grip and the magazine of my pistol. >> by chance, split seconds before the tire whizzes by, the sergeant places his hand high up on the guardrail and leaned slightly to his left. >> had i not, you know, reached my hand up, it would have, you know, even where it did hit, it would have probably severed my arm. >> the near-hit throws davidson for a loop. >> i got sick to my stomach immediately after. i guess all the adren

chairman tom wheeler. we spoke with glenn lurie about net neutrality and the push. >> our vision is everything is connected, the industrial internet of things back here is all about, businesses wanting to be better, businesses wanting to be more productive. here you've got the car business which to us is one of the greatest opportunities. we see the car as the next great device in our lives and we announced in the third quarter we'll connect 50% of the cars in the united states this year and so here at the show we've got a few of our partners with us but really what it is is about putting l.t. in the vehicle and utilizing that to make the car a safer place, better place, more productive place and hopefully about getting to vehicle to vehicle so they can talk to each other and hopefully reduce accidents a vehicle's infrastructure to make smart cities better. i can go on and on. >> why is at&t's network better suited for this market? >> well, first of all, we have a phenomenal network, the best network in th

the wilmington school hired wheeler in 2004. he served as head master until 2013. the school began their independent investigation into wheeler's background last year. school officials consulted a private investigation firm, board members, faculty staff, parents and students. they investigated 90 people over a six-month period. the head of the school and the board chair said in a letter there were no red flags of any abusive misconduct by dr. wheeler, either during the vetting process before he was hired or during his tenure as head of school. >>> some new information on the cyber attack that crippled internet service at rutgers university. fbi agents are now investigating that attack. university officials tell us it began on friday. the system is now working on campus but technicians are still restoring off-campus service. a spokesman says there's no evidence any confidential information was compromised. >>> $30 million, that's the amount of money the airline involved in last week's crash in the alps says -- or $300 million, rather in the alps crash say insurance

. >> rob wheeler joins us right now over the phone. we know the police officers are in the hospital. they have not captured a shooter just yet. a potentially dangerous situation for officers whoever is responsible for the shooting could be heldold up somewhere. how do they manage the crowds and a shooter on the lose. >> it is imperative they find the shooter or shooters very soon. who is this person whether theyor not they plan on more shootings. the police officers know they walk around with a target on their backs. they are doing the best job they could possibly do in terms of keeping the community safe. most of the protestors out there are peaceful protestors. you have a certain segment of the community that wants one thing what they want is trouble. under the cover of darkness the police officers gathered standing around talking. some officers were talking to the community shots range out. the shots rang out from the police department and if you think about it, it sets the stage for the viewers the area where the shots came from is

wheeler seemed to be 180 degrees away.nd six weeks later there's a rubber stamp on that. didn't that seem a little strange? >> tom can speak for himself, but usually presidents don't get involved and say what they want independent agencies to do. sometimes they do and this is not the first time it's happened. >> when was the last time? >> well it's happened in many cases in the s.e.c. and ftc when the presidents have said they think this would be a good way to pursue policy. this wasn't a specific case. it was really a policy. so it's not unusual far president to say here's what the policy should be. >> we'll see. we will ask him at some point. i think he's coming up in just a bit. >> couple minutes. >> david rubenstein is our guest host and he will be with us the rest of the morning. >>> when we come back this morning, the canada cave mystery solved. and the nasdaq back above 5,000. we'll take a look back at the go do days of crazy valuations and how the index stacks up now. "squawk box" will be right back. ♪ at mfs, we b

let me ask you first, chairman wheeler, when will the report on the pilot program be available? >> senator, i can't give you the specific date but it's in the next couple of months. >> well we had some enforcement. there hasn't been much in a year. there's a list of reforms, i think, that include -- and if any of you disagree with any of these reforms, if you would speak up for the record, i would appreciate it. taking eligibility and determination out of the hands of carriers? competitive bidding? making sure consumers have some skin if the game? placing a cost cap on the program? anybody disagree with those four reforms? okay i would like to see those instituted and i would like a discussion from you about whether or not it makes sense to continue the lifeline program. doesn't it make more sense to make it a broadband program? looking at the homework gap, looking at the capability of making calls. over the internet. does it make sense to institute these structural reforms, as we transition this, from a program where no one has skin in the game and we have allowed the carriers

the chief executive of amec foster wheeler.us: coming up, bringing -- breathing greec'e sbs banks. the banks remained frozen. ♪ manus: breaking news now. as we said earlier and programming -- selling a stake in the london stock exchange. our middle east editor elliott gotkine will join us later on the back of that conversation. in the meantime, i want to take you through where we are with them a big market moves. this is crude oil. if you do not know where the big trend was over the last 24 months. on the back of saudi getting involved on a bombing mission into yemen, this is them. a long -- with the other comrades or allies. this is wti. we have got -- this is brent rising by 3.5%. brent has been rising for five days. longest winning streak since june, 2014. jobs. . have a look at this map it shows you the position of yemen. the size. you have the port. if there i s any disruption in terms of the 3.4 million barrels of oil that pass theourough per day. tank is will have to go around the port of africa rather than through that

at least 50 people were killed when an amtrak train collided with an 18-wheeler. from there they will catch trains to make stops in wilmington -- >> denise this is impacting passengers who weren't even on the train. >> reporter: well hundreds of passengers had top find other ways o get to their destinations or they ended up throwing in the town and getting refunds for their tickets. now i just got off the phone with the manager of 30th street station. she says passengers coming in from washington via train to the 30th street station should be arriving over the next few hours here on track three. passengers on a derailed amtrak train bound for philadelphia are hours from getting home. survivors of the crash that injured at least 55 people talk about the moment of impact captured on video by a witness. >> big boom. >> it jolted me. i went flying forward into my tray. it was a massive jolt forward. >> meanwhile, headaches linger for passengers at 30th street station. the riders on amtrak train 91 were headed for florida at the same time thecare carolinian collided wi

. >>> and elephants come to the rescue of an 18-wheeler. this is the "cbs morning news." kevin nealon comedian. and i'm arnold palmer, professional golfer. know what we have in common? we talked to our doctors about treatment with xarelto®. me, when i had a blood clot in my leg that could have traveled to my lungs. that's why i took xarelto®, too. xarelto® is proven to treat and help reduce the risk of dvt and pe blood clots. i took xarelto® for afib... an irregular heartbeat that can lead to a stroke from a blood clot. xarelto® is proven to reduce the risk of stroke in people with afib, not caused by a heart valve problem. hey, well i'm glad we got together. for people with afib currently well managed on warfarin there is limited information on how xarelto® and warfarin compare in reducing the risk of stroke. i tried warfarin before, but the blood testing routine and dietary restrictions had me off my game. tell me about it. let's see, golf clinic, or blood clinic? ooh, that's a tough one. not this time. not with xarelto®. anything else? i'll have another arnold palmer.

chairman tom wheelers. he also spoke with at&t's glenn. morey. >> our vision is about everything that's connected. the industrial internet of things. businesses wanting to be better more productive. here you've got the car business which to us is one of the greatest opportunities. we see the car as the next great device in our lives. and we announced in third quarter we're going to connect 50% of the cars in the united states this year. so here at the show we've got a few of our partners with us. what it is is putting lt in the vehicle, utilizing that to make the car a safer, better place. it's about getting v-v, vehicle to vehicle, so they can talk to each other, vehicle to infrastructure. i can go on and on. >> why is at&t's network better suited for this market? >> we have a phenomenal networks. but this is more about the platforms you build around i.o.t. and what's important is we started on this journey a long time ago. we were early, we invested early, built platforms that allow us to be better partners than anybody else in the world

the cab of that 1-wheeler dangling over an overpass.e driver and passenger were able to scramble to safety and only had minor injuries. the wreck has since been cleared. >>> roads in dallas and most of the rest of the country should be in good shape this morning. the exception is the midsouth over to the mid-atlantic coast where roads will be wet. >> if you're flying airport delays are likeliest in memphis, tennessee. >>> we turn to washington state. police there on the had upts for an attempted kidnapper caught on video. >> it happened sunday in a tiny town southwest of spokane. three siblings were playing in a park ages 10 8 and 22 months when police say a man scooped the toddler out of his stroller and ran off. >> an eagle eye grandmother sent her grandson and a friend to chase him. he dropped the toddler in a vacant lot. >> whew. >>> the houston ship channel is closed to all traffic after two ships collided. it included one carrying toxic chemicals hit into each other at a narrow spot near the foggy entrance. people living nearby we

brad stone is there now with chairman tom wheeler. >> thank you betty.ek you approved some new network neutrality regulations. here you are in the belly of the beast. how has the reception been? >> i think they are my former friends. no, i think the most interesting thing is at how everyone is anxious about what the rules are about and how we structured them in such a way that they are built on the mobile model. we build them around what has worked for the last 22 years in terms of regulating the wireless industry in the united states so we can make sure that was adequate investments that would continue to come as a result of the fact that there is no rate regulation and no terrifying in those traditional kinds of monopoly regulation you heard so much about during the debate. the feeling i am getting here is people are saying they understand it better. sprint has said they support it. t-mobile has said they will continue investing under this. google fiber has said even though they are now entitled to common carriers, they will continue to investigate the

wheeler has said that he is redefining in bdp to include ot services as a way to get rid of that. do you think that's a good strategy for doing that? >> guest: i don't know how that's going to work out. i could spend two hours with my people know the answers better than me but they there are all kinds of logistics. regulatory and legal issues with what they are trying to do. the question is do i qualified? in other words if netflix can do that can i also do that? i don't know. >> guest: do think it would lead to increased competition for you guys? >> guest: i probably could but listen i have 650,000 video customers in the last years. >> host: you have lost? >> guest: i have lost. i'm not proud to say that but when somebody calls me a monopolist maybe they should look at the facts. monopolist don't lose customers. i have because people will want to pay the money they are paying at the end of the day. simple as that. now we are trying to replicate the failures of what happened in 1992 with what the fcc has done today. by the way today is thursday february 26. with the title to ii ca