The Federal Communications Commission and the Federal Trade Commission on Tuesday issued a joint statement following the FCC’s temporary stay of data security regulations. FCC Chairman Ajit Pai and FTC Acting Chairman Maureen K. Ohlhausen issued the statement to address the FCC’s decision, in essence, to overturn rules designed to bolster broadband consumer privacy. Both chairs had disagreed with the FCC’s unilateral 2015 decision to strip the FTC of any authority over broadband providers’ privacy and data security practices.