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Lawmakers reintroduce bill to finance 5G projects in 22 European countries tech (Getty Images) May 21, 2021 | FEDSCOOP House lawmakers have reintroduced legislation that would let the federal agency responsible for financing private development projects abroad fund 5G infrastructure development in 22 countries in Central and Eastern Europe. Under the Transatlantic Telecommunications Security Act, the U.S. Development Finance Corporation would work with relevant agencies improve the resilience of vulnerable telecommunications networks by providing early- and late-stage project support and replacing potentially compromised equipment. The bill was first proposed towards the end of the last legislation session in December 2020, when it was referred to the House Foreign Affairs Committee but never taken up. It is co-sponsored by Rep. Marcy Kaptur, D-Ohio, and Rep. Adam Kinzinger, R-Ill.

United statesCzech republicL vivs ka oblastSouth koreaDave nyczepirMarcy kapturAdam kinzingerMark warnerDevelopment agencyUs development finance corporationSeas initiative investment fundEuropean commissionTransatlantic telecommunications securitySees initiativeSenate intelligence committeeParty of china