Congress is paving the way for America’s 5G leadership.
Frankly, it’s shocking for Democrats and Republicans to agree on anything.
Yet members of the U.S. House voted nearly unanimously on three bills related to fifth-generation wireless.
Yesterday the U.S. House of Representatives passed three important pieces of legislation.
The legislation is designed to help secure the U.S. from international threats – such as cyber-attacks by foreign countries (click here for my top 5G security stock).
These bills include:
- Secure 5G and Beyond Act
- Promoting U.S. Wireless Leadership Act
- Promoting the U.S. International Leadership in 5G Act
Specifically, the bills would force the U.S. to take a leadership role in setting 5G standards around the world.
Plus, the legislation is designed to protect wireless networks from using technologies from Chinese firms Huawei and ZTE. These two companies are leading the international rollout of 5G technology.
“All three bills are important for securing America’s wireless future,” says the chairman of the Energy and Commerce Committee.
President Trump already signed an executive order to block the Chinese companies from providing technology for the new wireless networks.
It appears very likely that the U.S. Senate will embrace this legislation. And it’s almost certain that President Trump would sign the bills into law.
Rep. Abigail Spanberger (D-Va.) has been sounding the alarm bells regarding China’s threat.
“To protect the privacy, data, and security of American consumers and companies, we need a national game plan to defend U.S. wireless systems from the next wave of cyber threats.
As we witness the growing influence of foreign-based 5G companies like Huawei and ZTE, this bill would level the playing field for American tech companies and defend the online security of American families and businesses.”
Top 5G Stocks Set for Profits
These positive developments in Washington confirm my view . . .
“All-American” 5G stocks will deliver the biggest profits in 2020.
In fact, one of my top 5G stocks has already been selected by the Pentagon to provide technology to the military.
That single order is sending sales skyrocketing 562% this year!
Plus, the company’s also working with Raytheon (NYSE: RTN). And it could be weeks away from landing contracts with the major U.S. wireless companies.
You’re going to want to get all the details here – before the next deal gets announced.
Yours in Profits,