Policy Impact Analysis - 117/HR/8520

Bill Overview

Title: Countering Untrusted Telecommunications Abroad Act

Description: This bill requires the Department of State to address the use of untrusted telecommunications equipment (and services). It also requires certain securities issuers to disclose the use of such equipment. The State Department must provide support, such as diplomatic and political support, for certain telecommunications infrastructure projects that have the potential to promote U.S. national security interests. Furthermore, a securities issuer that is required to file annual or quarterly reports with the Securities Exchange Commission must periodically disclose whether it used or contracted to use telecommunications equipment deemed by the Federal Communications Commission to pose an unacceptable risk to U.S. national security or the security and safety of U.S. persons. The disclosure must contain certain information, including whether the equipment is being used in a mobile network run by the issuer. The State Department must report to Congress on (1) the prevalence of such telecommunications equipment in the networks of U.S. allies and partners, and (2) the use of such telecommunications equipment in U.S. embassies and by embassy staff and personnel.

Sponsors: Rep. Wild, Susan [D-PA-7]

Target Audience

Population: Individuals involved in or reliant on telecommunications infrastructure and services

Estimated Size: 1000000

Reasoning

Simulated Interviews

Telecommunications Compliance Officer (New York, NY)

Age: 42 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • The policy is an administrative headache due to increased disclosure responsibilities.
  • In the long run, the transparency could be beneficial for the telecom sector's reputation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 5 6
Year 3 5 6
Year 5 6 6
Year 10 7 7
Year 20 8 8

Investor (San Francisco, CA)

Age: 35 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 6/20

Statement of Opinion:

  • The policy will influence stock valuations in the telecom sector.
  • Potential to uncover risks that were previously unknown, offering investors an edge in strategy.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 8 7
Year 20 8 7

Diplomat (Washington, D.C.)

Age: 54 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 2.0 years

Commonness: 5/20

Statement of Opinion:

  • Concerned about operational disruptions due to outdated equipment being replaced.
  • Positive that the policy could enhance security for overseas operations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 6
Year 3 6 6
Year 5 6 6
Year 10 7 6
Year 20 8 7

Telecommunications Engineer (Chicago, IL)

Age: 29 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 4.0 years

Commonness: 4/20

Statement of Opinion:

  • The policy could drive demand for secure systems, boosting my career prospects.
  • I hope this leads to more innovation in the field.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 9 8
Year 10 9 8
Year 20 9 8

Teacher (Houston, TX)

Age: 47 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 1.0 years

Commonness: 8/20

Statement of Opinion:

  • Not directly affected but concerned if costs get passed to consumers.
  • Appreciates any steps towards boosting security in tech she uses daily.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 7 6
Year 20 8 7

Small Business Owner (Miami, FL)

Age: 38 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 5/20

Statement of Opinion:

  • The policy could mean more business opportunities due to increased compliance needs.
  • Might slightly increase operational costs if I need to upgrade our own systems.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 8 7
Year 10 7 7
Year 20 7 7

Retired (Los Angeles, CA)

Age: 62 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 9/20

Statement of Opinion:

  • Mostly hoping this doesn't lead to increased costs as I'm on a fixed income.
  • Security of services is important, but change is also unsettling at times.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 8 8

Graduate Student in Cybersecurity (Seattle, WA)

Age: 26 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 6/20

Statement of Opinion:

  • The policy provides a rich subject for academic research.
  • I'm curious to see how it shapes future cybersecurity protocols.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 9 8

Journalist (Boston, MA)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 7/20

Statement of Opinion:

  • The policy offers new insights and stories about national security in telecommunications.
  • It might help the public become more informed about telecom security risks.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 8 8
Year 10 8 8
Year 20 9 8

IT Consultant (Denver, CO)

Age: 31 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • The policy is an opportunity to expand consulting services in telecom compliance.
  • Businesses will need advice, increasing demand for my expertise.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 7
Year 3 9 7
Year 5 9 8
Year 10 9 8
Year 20 9 9

Cost Estimates

Year 1: $50000000 (Low: $30000000, High: $70000000)

Year 2: $52000000 (Low: $31000000, High: $73000000)

Year 3: $54000000 (Low: $32000000, High: $76000000)

Year 5: $58000000 (Low: $34000000, High: $81000000)

Year 10: $66000000 (Low: $39000000, High: $92000000)

Year 100: $1000000000 (Low: $700000000, High: $1400000000)

Key Considerations