warns Congress will pursue legislative remedies, including mandatory retroactive review, if the Commission fails to uphold the intent of existing foreign ownership protections under federal law.
Pursue legislative remedies, including mandatory retroactive review, if the FCC fails to uphold existing foreign ownership protections for broadcast licenses.
Occurrences
Evidence
On May 14, 2026, Liccardo said he and Rep. Deborah Ross led a coalition warning Paramount Skydance that the merger faces extensive regulatory review. The letter said claims that the transaction had effectively cleared regulatory hurdles were false, and it raised concerns that sovereign wealth fund financing could trigger national security review and CFIUS scrutiny.
On May 1, 2026, Liccardo publicly backed a letter to FCC Chairman Brendan Carr urging denial of Paramount’s foreign-ownership petition. The statement says the ownership structure raises unresolved national-security and public-interest questions and notes he warned Congress could later act on harder caps or divestitures if the FCC approves the petition.
Assessments
Liccardo has taken same-term oversight actions tied to the promise: backing a request that the FCC deny Paramount's foreign-ownership petition and leading a coalition letter challenging claims that the Paramount Skydance merger had cleared review. Those actions materially press the FCC/company on foreign ownership protections and preview possible congressional remedies, but the promised outcome is conditional and legislative remedies such as mandatory retroactive review have not yet been enacted or clearly pursued as introduced legislation. The available record therefore shows active effort, not completed delivery.