I would like to thank Chairman Majoras and all the witnesses for being here today. This is the Committee’s second opportunity this year to hear from the FTC Chairman concerning the Commission’s current activities. I appreciate the Chairman’s willingness to testify today, and know that the entire Committee is grateful for the Commission’s hard work on the recent “Broadband Connectivity Competition Policy Report” and the “2006 Spring and Summer Nationwide Gasoline Price Increase Report.” In addition to the written testimony provided to the Committee, I trust that all the witnesses will provide their vision for the FTC and how best the Commission can protect consumers. Practical recommendations on how best the Committee can assist the FTC in fulfilling its mandates will benefit the members of this Committee when the FTC reauthorization legislation is taken up. By working in a bipartisan fashion the Committee will have the best opportunity to reauthorize the FTC since its authorization expired in 1998. Once again, I thank the witnesses for being here.
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