The Chicago Entrepreneur

: New legislation could delay Biden administration’s $42.5 billion broadband program by several months

President Joe Biden’s $42.5 billion program to expand broadband faces a detour: Federal lawmakers want a bill that ensures that rural states are fully represented. Senators from both parties on Friday announced legislation that would require the Biden administration to perform an additional review before deciding how much funding each state will receive under the program. The bill would likely delay the final decision about state funding allocations by seven months, according to a Wall Street Journal report.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post ‘Rust’ assistant director pleads guilty to gun charge in movie set shooting case
Next post : Soybean futures on track for highest finish in 3 weeks after USDA data