Federal 5G proposal hits major resistance
The telecom industry and policymakers of both parties quickly squelched a Trump administration proposal calling for the federal government to nationalize part of the U.S. wireless network after Axios published a leaked document outlining the idea.
Why it matters: The swift negative response significantly diminishes the chance of the plan — which White House officials actively discussed with others throughout January — getting off the ground. “Some of the commentary is, like, LOL kind of stuff,” said a congressional staffer, of the conversation around the memo. “The way it’s getting sent to me is more of an eye roll."