Thank you so much, Mr. Chair.
With respect to my friend Mr. Julian, I appreciate what he's trying to do. However, I worry that this may undermine the bill. Given the tactics of foreign tech giants, they will look for any way in which to avoid the requirements. If there is just one hold-out media outlet.... We've seen some media outlets that don't agree with this and may not even bother applying.
On the exemption itself, the purpose of the bill is to have platforms reach deals with news organizations themselves—