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Rounds said that under the agreement, “appropriate frequencies” would be excluded from commercial auctions.

Republicans shed no tears about a Democrat-free SEC

Congressional Democrats are grappling with the possibility that only Republicans will sit on the Securities and Exchange Commission’s five-member panel in 2025.

As for Republicans? They’re not exactly mourning the potential demise of the SEC’s bipartisan leadership. Few GOP senators pushed back when we asked about the possibility of vacant Democratic slots on the SEC last week.

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Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.

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Punchbowl News Presents

Our new weekly show, Fly Out Day, brings you inside the most consequential decisions shaping Congress with the people at the center of the story. From Hill leadership to Washington’s most-plugged in reporters, join us straight from our townhouse each Thursday evening. Watch the latest episode now.