OBAMA PLEASES LEFT WITH NET NEUTRALITY PUSH

WSJ: “President Barack Obama called on the Federal Communications Commission Monday to declare broadband Internet service a public utility, saying that it is essential to the economy and that the ‘strongest possible rules’ are needed to ensure that the Internet doesn’t become divided into fast and slow lanes. The president called for the FCC to expand its regulatory authority over the industry, a departure from the years of light regulation that the providers say has enabled them to flourish. The endorsement of a stronger regulatory approach contributed to a slide in broadband providers’ shares, raised new questions about a proposed merger between Comcast Corp. and Time Warner Cable Inc. and further hardened the political lines on ‘net neutrality’—the principle that all Internet traffic should be treated equally.”
Boehner, McConnell pan Obama push - The Hill: “Speaker John Boehner (R-Ohio) and Senate Minority Leader Mitch McConnell (R-Ky.) blasted President Obama’s call for stricter regulation to enforce open Internet rules on Monday. Boehner said House Republicans would continue their push to "stop misguided schemes to regulate the Internet.”