rosenworcel is not a right-winger, she's a moderate dem.gi sohn, from what i understand, is going to have a huge say in policy making. and people are saying if sohn gets confirmed by the senate -- and that's still an if if, rosenworcel will likely e get confirmed easily, but if she does, the fcc moves dramatically to the left on all sorts of matters including how net neutrality is essentially interpreted and, you know, what it means for cable companies when a very strict interpretation of net neutrality gets implemented by a 4-3 democrat fcc, and, you know, does that lead to rate increases. is there -- or, excuse me, is this some regulation of rate increases i mean, how much regulation is really going to be key. there's going to be a lot of it. if the fcc has any say in mergers, sometimes they do weigh in. usually mergers are handled by the justice department and the federal trade commission, but every now and then the fcc has a role. i think the sprint deal with t-mobile was probably one of those, it'll probably be a no go given where the

chairwoman rosenworcel said that the problem is, these chinese state owned telecommunication companies are suspected of mis-routing traffic , taking domestic u.s. traffic and taking it through chinese servers for no good reason. politicians in washington think for nefarious reasons. misrouting traffic or surveillance. those suspicions persist on the tech front and may only grow. rosenworcel says that the fcc will put forward its consideration against two other chinese telik medication companies, and a drone maker being under suspicion from a republican member of the fcc. meanwhile, the fcc is also looking -- there is more to come is what i'm saying. francine: thank you so much. we will have more on that interview later in the hour and on david rubenstein's show tonight at 9:00. strength in business investment, orders placed with factories rose in september or the seventh straight month. michael mckee has all of the details. michael: the good news is business investment is rising but overall durable goods orders fell 5.4% largely because of jet aircraft. and you cannot get cars, so not

following recommendations made under the trump administation, the fcc — under biden appointee jessica rosenworceltelecom america was subject to influence and control by the chinese state and could be forced to comply with orders from beijing without judicial oversight from us authorities. there was therefore a sigfnificant risk of espionage and deliberate disruption of us communications and services. 0ur north america correspodnet peter bowes has been analyzing the moves potential impact on sino—american relations. well it is significant for what it says about the state of us china relations. in terms of the companies operation in the united states, it has been in this country for almost 20 years. it is not huge, but of course globally china telecom is gigantic in its operations, providing services for millions of people, more than 100 countries. but in the us, clearly it provides wireless services, information technology services. to business. and we should not be too surprised, because this harks back to the administration with the fcc, the federal communications commission, warning last april

following recommendation made under the trump administration, the fcc under biden appointee jessica rosenworcelnd that china telecom america was subject to influence and control by the chinese state and could be forced to comply with order�*s from beijing without judicial oversight from us authorities. there was therefore a sigfnificant risk a significant risk of espionage and deliberate distru ption of us communications and services. let's get more from our north america correspondent, peter bowes. great to have you on newsday, peter. how significant a decision as this?- peter. how significant a decision as this? well, it is significant _ decision as this? well, it is significant for _ decision as this? well, it is significant for what - decision as this? well, it is significant for what it - decision as this? well, it is significant for what it says l significant for what it says about the current state of us — china relations. in terms of the company's operation in the united states, it's been in the country for almost 20 years, thatis country for almost 20 years, that is not huge, although

chairwoman rosenworcel for another four years. they have operated in a collaborative manner with representatives from private industry, government, and our key stakeholders. this year the council will be co-chaired by the cybersecurity and infrastructure security agency and will include greater participation from the public interest community. we should not allow it to -- under this bill, the f.c.c. would be require to establish a permanent council to advise the agency on the security, reliability, and interoperability of communications networks within 90 days. the council would include representatives from trusted communication companies, public interest organizations, academic institutions, as well as federal, state, local, and tribal governments for a term of two years. the bill also requires the council and its working groups to submit reports, offering their recommendations to the chair of the f.c.c. every two years. in turn, the f.c.c. must make these reports publicly available on its website. i want to thank representatives