January 2019

I thank my colleagues for their support in electing me chairman of the Commerce Committee. I would also like to thank Sen. John Thune, the committee’s former chairman, for his exemplary leadership these past four years. The chairmanship is a great responsibility given the committee’s broad jurisdiction across diverse sectors of our economy. I look forward to serving alongside our new ranking member, Sen. Maria Cantwell, and my colleagues on both sides of the aisle to build on the committee’s successes and continue moving our economy forward.

As technology evolves, new challenges invariably arise, including for policymakers. Establishing ill-conceived rules could stifle the high-tech economy, especially if lawmakers bow to pressure from influential business interests or self-proclaimed consumer advocates to saddle emerging technology markets with arbitrary regulations or draconian liability regimes. That does not mean that government officials should simply ignore disruptive innovations.