Trump is not paying one bit of attention to the FCC. Pai is an out control representative of Verizon, not voters. The question is, will Pai's utter corruption have consequences at the polls causing Trump/Congress to start paying attention?
The other part of this -- rate relief is generally provided when the vendors are unable to make a profit. Most of the B2B lines already carry profit margins exceeding 90%. This is just simple corruption - remove the price caps so that monopoly vendors can gouge until the customer can no longer pay. Removing net neutrality is also just another way to gouge companies like Google, Netflix, Facebook. The ISPs are hugely profitable, they just want even more.
What's driving this? Verizon paid $130B for Vodaphone. The have to make the money to pay off that $130B somewhere, and US customers are the target. Of course we are getting nothing in exchange for being gouged to pay off their Vodaphone purchase.