This bill amends the Secure and Trusted Communications Networks Act of 2019 to expand and streamline how the federal government manages threats from foreign communications technology. The legislation broadens the scope of regulated items from just "communications equipment" to include all "information and communications technology or services," allowing the government to monitor a wider range of tech products and services that may pose national security risks. The bill requires the Federal Communications Commission to update its list of prohibited technology at least every six months and mandates that the Commission submit reports to Congress at least seven days before adding new items to the list, explaining the specific national security concerns. It also establishes new restrictions preventing companies that produce or provide covered technology from obtaining FCC licenses or authorizations, though equipment certifications are exempt. Additionally, the bill requires quarterly meetings between the FCC and Commerce Department to coordinate on these technology determinations and annual reports to Congress on the results of their coordination efforts.