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Donald Trump and Vladimir Putin attend their bilateral meeting at the G20 Osaka Summit in Osaka, Japan, on June 28, 2019. (Mikhail Svetlov via Getty Images)
Hudson Institute hosted Commissioner Michael O’Rielly to discuss the capping of the Federal Communications Commission’s (FCC) Federal Universal Service Fund (USF). The conversation was moderated by the Director of Hudson’s Center for the Economics of the Internet Harold Furchtgott-Roth.
Initiated under the Telecommunications Act of 1996, the USF was developed to encourage investment in universal telecommunications access. Funded entirely by telecommunications services user fees, the size of the USF has grown in recent years to more than $10 billion annually. This has led some in the FCC, including Commissioner O’Rielly and Chairman Ajit Pai, and members of Congress to propose a budget cap for the fund. Commissioner O’Rielly will discuss the implications of a budget cap on the USF.
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US President Donald Trump waves as Foxconn CEO Terry Gou and Masayoshi Son, chairman and CEO of SoftBank Group, watch at the groundbreaking for the Foxconn Technology Group computer screen plant on June 28, 2018, in Mt. Pleasant, Wisconsin. (Photo by Andy Manis/Getty Images)
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The exterior of the US Steel Clairton Coke Plant on March 20, 2024, in Clairton, Pennsylvania. (Jeff Swensen via Getty Images)
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Work is done before a dockworkers strike was called at Conley Container Terminal on September 30, 2024, in Boston. (David L. Ryan via Getty Images)
