{
}
The BEAD program faces a critical juncture as the Biden administration's preference for fiber connections is challenged by new leadership advocating for a tech-neutral approach, potentially favoring Elon Musk's Starlink. This shift could redirect $20 billion in funding, raising concerns about delivering adequate internet service to rural areas. A conflict emerges among Democrats, Republicans, and state allies over the program's direction, with fears that prioritizing satellite service may compromise connectivity for underserved communities.
Howard Lutnick has advocated for increased use of Elon Musk's Starlink in a $42 billion rural broadband initiative, raising concerns about potential conflicts of interest given Musk's financial support for Trump. Critics argue that satellite connectivity is less effective than fibre-optic solutions, which remain the preferred choice for many states. Lutnick's proposed changes could direct significant taxpayer funds to Starlink, prompting accusations of favoritism and jeopardizing broadband expansion efforts in states like Louisiana, Nevada, and Delaware.
Evan Feinman, a former Commerce Department official, warned that changes to the Broadband, Equity, Access, and Deployment (BEAD) program could favor Elon Musk's Starlink at the expense of rural Americans' internet access. The new "tech neutral" rules may increase Starlink's potential funding from $4 billion to $20 billion, raising concerns about the reliability of satellite internet compared to fiber-optic options. Feinman criticized the delays this could cause for states ready to expand broadband networks, while congressional Democrats called for an investigation into potential conflicts of interest involving Musk.
Evan Feinman, the former director of the Broadband Equity, Access, and Deployment Program, criticized Elon Musk's Starlink in his resignation letter, claiming it prioritizes profit over rural internet access. He expressed concern over potential changes to the program that could favor satellite technology, which may hinder progress in connecting underserved areas. Meanwhile, Trump invoked the Alien Enemies Act for mass deportations, framing it as a response to an "invasion," while his administration challenged judicial authority, dismissing court orders as unconstitutional.
Evan Feinman
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
conflict over broadband funding shifts focus to satellite internet solutions
Starlink USD
USA
Evan Feinman
Sarah Morris
Blair Levinsky
Elon Musk
Donald Trump
Howard Lutnick
Shelley Moore Capito
Show more
11:00 26.03.2025
conflict of interest concerns arise over starlink in rural broadband initiative
United States Dollar
COMCAST CORP
Amazon.com, Inc.
USA
Elon Musk
Debbie Dingell
Veneeth Iyengar
Howard Lutnick
Karoline Leavitt
Evan Feinman
Show more
22:31 18.03.2025
broadband program changes raise concerns over starlink benefits for rural america
15:43 17.03.2025
court orders ignored as mass deportations escalate under trump administration
United States Dollar
Brown University
SLV
USA
VEN
Elon Musk
Hakeem Jeffries
Donald Trump
Joe Biden
William Alsup
Evan Feinman
Howard Lutnick
Alexandria Ocasio-Cortez
Nancy Pelosi
Karoline Leavitt
Show more
01:00 17.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Market Analysis and Predictions
Financial Scams and Security
Retail and Consumer Goods
CEO Changes
Global Trade Developments
Central Bank Actions
GDP Growth & Recession Forecasts
Industry Mergers & Acquisitions
Hedge Funds & Private Equity
Government Policies
Inflation and Monetary Impact
Workplace Trends
Startups & Entrepreneurship
Government Economic Policies
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Bank of America Corporation
Apple Inc.
Wells Fargo & Company
Citigroup Inc.
Barclays PLC
Morgan Stanley
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
Deutsche Bank Money Market PP
American Express Company
UBS Group AG
AMERICAN EXPRESS
Credit Suisse Strategic Income I
Northern Trust Corporation
Berkshire Hathaway Inc.
Amazon.com, Inc.
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
Swiss Franc
British Pound Sterling
Indian Rupee
Japanese Yen
Canadian Dollar
Russian Ruble
Australian Dollar
Saudi Riyal
United Arab Emirates Dirham
Indonesian Rupiah
Hong Kong Dollar
Danish Krone
Offshore Chinese Yuan
Singapore Dollar
Ghanaian Cedi
Mexican Peso
South Korean Won
People:
Donald Trump
Elon Musk
Michael J. Angelakis
Goldman Sachs
Troy L Rohrbaugh
Charlie Javice
Warren Buffett
Sara Wechter
Brad Schimel
Olivier Amar
Robin Leopold
Jennifer Piepszak
Anand Selvakesari
Jerome Powell
Mark Mason
Susan P. Crawford
Will Hardcastle
Karin Keller-Sutter
Stacey Friedman
Sabrina Meng