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The Daily Punch

June 23, 2021

The Daily Punch

Punchbowl News

Politics, Government, News

4.3707 Ratings

🗓️ 23 June 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

A Punchbowl News Cheat Sheet: Silicon Valley's big day on Capitol Hill. Time running short on infrastructure talks. Will she or won't she? Pelosi and the select committee Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

And now, a message from Google. The spirit of innovation is deeply ingrained in America,

0:06.9

and Google is helping Americans innovate in ways both big and small. Central Texas Regional Mobility

0:13.8

Authority is using Google AI to create smarter tolling systems and improve traffic flow for Texans.

0:23.1

This is a new era of American Innovation. Find out more at g.co slash American Innovation. Good morning. I'm Jade Sherman and

0:31.8

welcome to the Daily Punch Brought to you by Punch Bowl News. It's Wednesday, June 23rd,

0:36.3

2021. Let's get into the mix. Here are your Washington headlines for the day. Number one, a Punchball News. It's Wednesday, June 23rd, 2021. Let's get into the mix. Here are your Washington

0:39.3

headlines for the day. Number one, a Punch Bowl News cheat sheet. Silicon Valley's big day on Capitol Hill.

0:45.4

Number two, time is running short on infrastructure talks. And number three, will she or won't she?

0:50.9

Pelosi and the select committee. Let's get into the mix. The House Judiciary Committee

0:55.0

is scheduled to hold a markup today on six big antitrust bills aimed at some of the biggest

1:00.6

names in corporate America, Facebook, Apple, Amazon, and Google. This is led by a bipartisan group

1:06.1

of lawmakers, and it is backed by conservative Republicans on judiciary and progressive Democrats, a pretty

1:13.4

interesting bloc, a pretty interesting alliance of people. And it's aimed at reigning in the

1:18.9

growing power of big tech. This is also the biggest antitrust effort that Congress has

1:24.1

undertaken in decades. Now, this is a very important moment in understanding the

1:29.0

politics of Silicon Valley in D.C. This will be the true dividing line here between the

1:33.9

allies and foes of the so-called fang companies. But let's be completely honest here. The future

1:41.7

for these bills is uncertain. Even if this is approved by the Judiciary Committee,

1:45.7

it's still unclear whether the Senate can even make it through the full House. I would imagine that

1:49.5

with a four-seat majority, very difficult to get anything through the House,

1:54.8

nonetheless, these bills, which are going to be very controversial, and the Senate, the odds

2:00.3

are even longer because one person

...

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