President-Elect Donald Trump is looking for bold actions to “drain the swamp” in Washington, DC and free America’s economy, so that it can once again become the global leader and innovator. A great place to start would be abolishing the Federal Communications Commission (FCC).
President Ronald Reagan ended his first term by abolishing the Civil Aeronautics Board. The CAB determined air passenger routes, airline slots at airports and ticket prices. The agency was an obsolete relic from Franklin Roosevelt’s New Deal. Its elimination freed the airline industry for unprecedented growth and expanding service to nearly a billion airline passengers a year.
