Bloomberg's Daly on FCC, Niquette on Clinton, Millenials(Audio)

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boxes it? Anyway? Kyle Dailey is a senior reporter for Bloomberg b NA, joining us from Arlington, Virginia. Bloomberg b NA a wholly owned subsidiary of Bloomberg, a leading source of legal, regulatory and business information for professionals. Bloomberg Bonna's authoritative coverage spends a full range of legal practices, and in this case, we're paying attention to the Federal Communications Commission delaying today's vote on a contentious proposal to open

the pay TV set top box market to competition. Kyle, thank you very much for being with us outline exactly what is at stake here and what did or did not happen today? Sure, so, this proposal would open the set top box market to third parties. What that means is the sort of big, clunky set top box that you rent from Comcast or Time Warner, Cable or Charter. Uh, he would be able to replicate that experience on a Roku, some drive or you know, any sort of third party

device that plogs into your TV. UH. So there's been a lot of back and forth about this for months now, and um SEC Chairman Tom Wheeler finally arrived at UH for revision of an earlier proposal that would adopt an app space approach, which which just means, you know, again, a Comcast did make an app that replica it's that whole experience of flipping around channel the channel and then Google or Roku or whoever would be able to put

that into their device. Now there UH was still a provision in there that would get the SEC involved in licensing, and you know, we're trying to do some te f reading because it was a pretty closed process. But what seems to be happening is that that's kind of a sticking point and um there seems to be some willingness for for compromise, but they didn't quite get there in time for a vote this morning. Okay, how this is and this and your story very clearly points out how

this licensing question is so central to the story. You point out that in the hearing the Republican commissioners came out against the licensing provision. The Democratic commissioner uh said, let me be candid with you problems with licensing. I think this SEC is going a little bit too involved in the licensing here. She said, she did not see that the FCC has his authority. What is this about the licensing language? Break this down for us. Why is

it so complicated and contentious? Well, that's that's another thing that kind of makes this hard to track, is that we don't know exactly. UM what's been released so far is a fact sheet that just kind of says, okay, here's what we would do. So what they would do, as far as you know, anyone outside the SEC it can understand, is they would set some sort of standard for UM licensing between U copyright owners and PAPD providers and then sort of how you know, just have a

standard there and then create an independent oversight board. UM. So that basically to ensure that these devices are sticking to the terms of licensing agreements between copyright holders and a comcast or or a charter UM, and you ensure that that those aren't violated and make sure that sort of licensing across the board seems to be you know, reasonable and and sort of you know, all parties are happy with it. Beyond that, we don't know exactly how

that would work. What we do know is that, you know, we've gotten used to UH in the last few years to become a very partisan fec um. Most items sort of fly under the radar and still you know, pass UH without too much ceremony. But we see a lot of especially on on these sort of big ticket things of a split votes where the Democratic majority votes one way the Republicans stow it the other way. Daily thank

you so very much for joining us. The senior reporter for Bloomberg b n A joining us to talk about the fccs UH decision on a contensius proposal to open the pay TV set top box market market. Cat joins us now Politics and national cover reporter for Bloomberg News and Mark, I'm want to dive in to one of our latest Bloomberg polls and stories. Hillary Clinton's turnout challenge seems like in some ways that could be bigger than her Donald Trump challenge. Yeah, I'm particularly among certain groups

that she really needs to be behind her. Uh, if she's gonna win in key battleground states, and that is millennials, younger voters, and African American voters. You know, the polls consistently show that these uh, two groups you know overwhelmingly back her, like her better than Donald Trump, but they're less likely to vote. There's there's not as much enthusiasm

in some cases among millennials. UM, when you introduced the third party option, they're more likely to vote third party than they are to vote for Clinton, even if they don't like Donald Trump. Is that really gonna hurt Clinton in the outcome? When you look at electoral votes, it couldn't matter, Like I said, in some of these battleground states. I'm based in Ohio, and that's definitely a concern here that if you have a close race. It was always going to be close. In Ohio. It's a you know,

closely divided state. You know, if you lose a couple of percentage points that you normally would get or that you know, Barack Obama got in and two thousand and eight when he carried the state, UM, that could make a difference. Clinton going to carry Ohio, it's gonna be close. Um. You know, the Clinton campaign acknowledges that Donald Trump has

some strength here that among the battleground states. You know, he might be doing better in states like Ohio and Iowa than he is in some of the other battleground states just because of the demographics in the state, you know, the number of older, white working class voters here, voters without a college degree. Um. So that's part of the

challenge for the Clinton campaign. They sort of have to make up for whatever advantage that Trump might have in terms of appeal in the state with sort of this ground game where she does have an advantage and a more robust operation to sort of get her supporters to the polls. So mark the story to talks about and many have that one thing that's obvious. Younger you are,

the less you tend to vote period. Okay, but it's also been an issue for Hillary Clinton, say compared to Bernie Sanders, right that she doesn't there's a worry about the millennial vote. So in some sense you could say, uh, why worry about them anyway, They're not going to vote as big big as numbers You're maybe not gonna Why not concentrate on the part of the population, who's in the middle a little more on the fence, who does tend to go to the polls and sway them to

vote for you. I think they are doing that, But they also just can't ignore the millennial voting block. It's just such a large um segment of the voting population now larger than Baby boomers, and you know, large enough

to dissway a race if it's close. And I think that's the concern again, particularly in these battleground states, as if you have a very close race on the margin, these things like where millennials vote or turnout in the African American community is can help decide who wins the state. Can you tell us whether the government has decided to stay in business at least until the middle of December. Congress Uh did send President Obama stop gat spending bill

on Wednesday. UH. That's going to keep the government open at least through December nine. You know, they'll have to pick up after the election in terms of what happens for the rest of the fiscal year. But there have been some you know, debate and concern about you know, what Congress was gonna do, uh, particularly when it came

to funding for things like the zeco virus. There was some fight over whether, UM, that should be tied to restricting funding for planned parenthood, which Democrats suppose for for example, UH, and some other issues such as how to deal with funding for lead abatement in places like Flint, Michigan. UH. And at the end they sort of came to an agreement that you know, if nothing else kicks the can

down the road till after the election. So will this become any kind of political football in the remaining meets of the campaign. I don't think the funding of it will. Uh. You know, there might be still some discussion and arguments about things like, you know, should the federal government be paying for you know what ultimately our state or local problems like the Flint water crisis UM, which is a blame largely on action and inaction by the state and

local authorities there. You know, some Republicans think, well, that's not really the federal government's job to step in and clean up the mess when it's not really a federal issue. UM. So you might seek debate about that sort of in the astract. But in terms of funding the government, I think we're probably kicking us beyond the elections. Just quick final question. Do we know what Hillary Clinton or Donald Trump has said about that particular issue funding local issues.

I've seen that really addressed. You mean, they both talked about the need to deal with the problem, and I think both have talked about you in terms of federal government being a partner. But I don't know if they've gotten into sort of the devil of detail of how much should be federal responsibility versus state or local. All Right, we think Mark Niquette joining us to talk politics, one

of our favorite subject heres. He's politics and national gun reporter for Bloomberg News, and you're listening to taking Stock. I'm Pim Fox, my co host, of course, Kathleen Hayes, and this is Bloomberg