Trump Signs Law Banning Use of Federal Funds To Purchase Huawei Equipment - Slashdot

President Trump on Thursday signed into law a bill banning the use of federal funds to purchase equipment from telecom companies deemed a national security threat, such as Chinese telecom group Huawei. From a report: The Secure and Trusted Communications Act, which the Senate passed in February and the House approved last year, will also require the Federal Communications Commission (FCC) to establish a $1 billion fund to help small telecom groups remove existing equipment that is deemed to be a threat. "Securing our networks from malicious foreign interference is critical to America's wireless future, especially as some communications providers rely on equipment from companies like Huawei that pose an immense threat to America's national and economic security," the bill's House sponsors, House Energy and Commerce Committee Chairman Frank Pallone Jr. (D-N.J.), ranking member Greg Walden (R-Ore.), and Reps. Doris Matsui (D-Calif.) and Brett Guthrie (R-Ky.), said in a statement.