U.S. lawmakers propose $1-billion fund to replace Huawei equipment

The top Democrats and Republicans on the House Energy and Commerce Committee said in a joint statement the bill would protect the “nation’s communications networks from foreign adversaries by helping small and rural wireless providers root-out suspect network equipment and replace it with more secure equipment.”The panel will hold a hearing on the bill Friday. Huawei did not immediately comment.

In May, U.S. President Donald Trump signed a long-awaited executive order declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk. The order directed the Commerce Department, working with other government agencies, to draw up an enforcement plan by October.

The House bill would prohibit the use of federal funds to purchase communications equipment or services from any company that poses a national security risk to American communications networks. It would also require the Federal Communications Commission to assist small communications providers with the costs of removing prohibited equipment or services from their networks and replacing the prohibited equipment.

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disclosure hearing for Huawei CFO Meng Wanzhou enters 2nd dayHuawei CFO Meng Wanzhou will be back in court Tuesday as her legal team aims to get access to documents related to her arrest in Vancouver. Keep Hauwei out of Canada please!
Source: CTVNews - 🏆 1. / 99 Read more »

CTV National News: Huawei executive in courtCanada’s attorney general declared a disclosure application by Huawei executive Meng Wanzhou amounts to nothing more than a “fishing expedition,” MelanieNagyCTV reports. MelanieNagyCTV Are we almost ene keeping a free citizen hostage? Being the puppet of the USA is already sad enough. What? Did Canada really think they could avoid the tariffs? Yeah, I am the crazy one.... ITM
Source: CTVNews - 🏆 1. / 99 Read more »

Huawei executive Meng Wanzhou in B.C. court to press for more details surrounding her arrestMeng was detained in December at the request of the U.S., where she is charged with bank fraud and accused of misleading HSBC Holdings about Huawei’s business in Iran Maybe she just wanted to go out for lunch. she's going to tell Trudeau that 25% off Canadian cell phone bills is NOT going to happen When is going to the states so she not our problem anymore
Source: globeandmail - 🏆 5. / 92 Read more »