FCC shifts $8bn fund for low-income consumers causing fears of corporate money grab

Pai accused of reverse Robin Hood for business buddies

This week, one year after the US General Accountability Office (GAO) formally recommended that it do so, the Federal Communications Commission (FCC) moved $8bn it held in a private bank to the US Treasury.…

via The Register - Data Centre: Networks
http://go.theregister.com/feed/www.theregister.co.uk/2018/05/04/the_fcc_just_shifted_8bn_to_the_us_treasury_and_people_are_freaking_out_why/