Last week, President Trump signed the Secure and Trusted Communications Networks Act (H.R. 4998) that will, in the months ahead, help rural telecom companies replace equipment from Chinese telecom giant Huawei and other firms deemed a threat to national security. H.R. 4998 establishes a reimbursement fund to offset replacement costs for telecom companies with fewer than 2 million customers, creates a program to share threat intelligence with those and other telecoms, and prohibits the Federal Communications Commission from offering Universal Service Fund subsidies for risky equipment. Section-by-Section summary of the bill is available here.
