Media Contact:
Matthew Berry, (202) 418-2005
matthew.berry@fcc.gov
For Immediate Release
STATEMENT OF FCC COMMISSIONER AJIT PAI
on FCC’s “Wall Street Goodwill Tour”
WASHINGTON, October 2, 2015.—It has recently been reported that the FCC is planning to conduct a 
“goodwill tour” on Wall Street in the coming days. At first, I thought that this must have been a clever bit 
of satire.  But apparently, it isn’t.
According to one press account, this tour will be an “attempt to message that the Commission is
still ‘open for business’ and not hostile to the industries it regulates.”  But the FCC’s problem right now 
isn’t messaging.  It’s the Commission’s arbitrary and massive regulatory overreach over the past two 
years.  With broadband providers’ capital expenditures falling, widespread concerns about the design of 
the incentive auction, and an enforcement scheme unconstrained by the rule of law, the Commission 
shouldn’t be focused on better marketing.  What’s needed are better policies—policies that make 
economic sense, that spur greater investment in and deployment of broadband infrastructure, and that give 
entrepreneurs the certainty they need to innovate and succeed.
Moreover, another reported purpose of the trip is to clear up confusion about the Commission’s 
merger review process, confusion partly stemming from a recent speech by the Commission’s legal staff.
I certainly agree that the Commission’s approach to transactions has been opaque and incoherent.  But the 
FCC’s policy should be set straight in public by the five FCC Commissioners nominated by the President 
and confirmed by the Senate, not behind closed doors on Wall Street for the benefit of a selected group of 
insiders.
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Office of Commissioner Ajit Pai: (202) 418-2000
Twitter: @AjitPaiFCC
www.fcc.gov/leadership/ajit-pai
This is an unofficial announcement of Commission action.  Release of the full text of a Commission order constitutes official
action.  See MCI v. FCC, 515 F.2d 385 (D.C. Cir. 1974).