Reuters:
WASHINGTON (Reuters) – U.S. Senate and House negotiators reached agreement on Monday on a $716 billion defense policy bill, which includes provisions on tightening foreign investment scrutiny and telecommunications security in addition to authorizing military funding.
The deal on the fiscal-year 2019 National Defense Authorization Act was announced by the leaders of the Senate and House of Representatives Armed Services committees. It must still be passed by the full House and Senate and signed by President Donald Trump to become law.
The legislation would prohibit the U.S. government from using technology from Chinese telecommunications companies ZTE Corp or Huawei Technologies Co Ltd because of national security concerns.
