The cable lobby working towards their investor bottom line, not in consumers best interest.

Powell said there is "common ground around the basic tenets of net neutrality rules: There should be no blocking or throttling of lawful content. There should be no paid prioritization that creates fast lanes and slow lanes, absent public benefit. And, there should be transparency to consumers over network practices."
Cable lobby asks for net neutrality law allowing paid prioritization

Its sounds like Powell is advocating for Net neutrality, but is a cable lobbyist at this time. In his next breath he uses words like, no need for regulation and “light touch”. I simply can’t trust any angle from cable companies that have time and time again abused their position and monopoly over a must have utility service. In a space with absolutely no competition or incentive to actually serve consumers these companies will continue to take advantage until they are forced to by government. Don’t tell me the market will regulate itself. There is no competitive market in the ISP space. It’s a joke.