Cable Operators and Telecoms Score Victory in House Vote
A battle over who regulates data and privacy flares on Capitol Hill
Cable operators and telecoms got a win from the House of Representatives on Tuesday, when representatives voted in line with the Senate to undo privacy rules put in place by the Obama FCC.
The House voted 215-205 in favor of striking the regulations, following the Senate's resolution to do so last week. The measures would remove FCC rules enacted last year that required Internet service providers, or ISPs, such as Comcast (CMCSA) - Get Report , Charter (CHTR) - Get Report , AT&T (T) - Get Report and Verizon (VZ) - Get Report to follow new rules to protect consumers' privacy.
, which Cramer manages as a charitable trust, is long CMCSA.
