FCC Commissioner, in response to Trump, says 'not how it works'
Jessica Rosenworcel, who returned as a Commissioner to the Federal Communications Commission on August 11 after being nominated by President Trump, tweeted "Not how it works." after Trump asked via Twitter, "At what point is it appropriate to challenge their License?" Rosenworcel also provided a link to an FCC document titled "The Public and Broadcasting: How to Get the Most Service from Your Local Station." Shares of the major broadcast network owners, Comcast (CMCSA), Disney (DIS), CBS (CBS) and 21st Century Fox (FOXA), are trading down after President Trump tweeted this morning, "With all of the Fake News coming out of NBC and the Networks, at what point is it appropriate to challenge their License? Bad for country!" Comcast owns NBC and Disney owns ABC. Reference Link DIS CMCSA CBS FOXA