WASHINGTON—The Senate, by a vote of 52-47, has approved use of the Congressional Review Act (CRA) to undo actions taken in December by the Federal Communications Commission (FCC) to repeal net neutrality rules for Internet providers.
The overturned FCC rules were aimed at preventing Internet access providers from blocking access to or making it more difficult to get certain sites, or limiting bandwidth available to specific classes of users.
It is unclear if the House will vote similarly on the resolution. President Trump supported the FCC's repeal.
As CUToday.info reported, credit union technology experts say that the landmark decision by the FCC to dismantle rules regulating the businesses that connect consumers to the Internet, granting broadband companies power to potentially reshape Americans’ online experiences, won’t go unnoticed by the movement. In varying degrees, based largely on the Internet service providers they use and how the CU manages its data, the decision could be felt in credit union pocketbooks and in the performance of web tools, such as home banking.