I do not think there is an expectation that all of those will make it into the final rule.

Thank you, Mr. Chairman, and thank you both for being here.

It says we are going to limit systemic risk by controlling everything you can do in great minute detail.

If the court strikes down the validity of this order, do you support reclassifying broadband as a telecommunication service under that act, under Title II?

I believe it's important for us to set our own standard, something that could, in fact, be more flexible and more stakeholder-driven and less punitive than what exists in Europe today, but just as capable of delivering strong privacy…

It's not mandated by regulation. It's a voluntary approach, which you're commending and which the industry apparently sees as in its own interest to pursue.

I want to point out, if I could, in closing, the premise here is, of course, that consumers want these privacy features that you're advocating are not available.

I still remain skeptical of the need for Congress to pass privacy legislation.

Senator John McCain and I have agreed on one approach. And I introduced that approach with him more than a year ago.

Consumer trust is very, very important. But there's no one for whom it's more important than the company that's hoping to attract and maintain customers.

I think it's premature to begin discussing specific legislative fixes or increased FTC authority when we don't fully know whether or not and to what extent the problem exists.

Section 5 of the FTC Act does authorize and empower the Commission to make enforcement actions against a company that violates its own stated privacy policy.