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> We are back with some

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breaking news in our politics

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lead.

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I'm bringing you some brand new

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reporting.

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Senior administration officials

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are sounding the alarm warning

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of something that one official

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calls really fishy in what could

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be quote the biggest hand off of

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economic power to a single

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entity in history.

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Senior administration officials

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tell me that they are concerned

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about white house pressure on

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the Pentagon to lease premium

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real estate on spectrum for the

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lucrative 5g market to lease it

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to one company.

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A company that prom innocent

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Republicans and supporters of

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president trump are investors

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in.

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It's a company called rivada.

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Tens of billions of dollars are

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at stake.

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5g or fifth generation is the

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next generation of wireless

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network technology.

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It's expected to change how we

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live and work enabling a whole

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new wave of tech products.

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The white house pressure

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campaign to fast track a

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contract without a competitive

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process intensified in

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September.

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They say it's been led by white

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house chief of staff mark

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meadows after president trump

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began pushing meadows to tell

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the Pentagon to ask rivada to

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submit a request for proposal

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under special rules to lease the

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Pentagon's own 350 megahertz of

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spectrum and bypass the normal

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competitive bidding process.

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Pentagon leaders are resisting

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the move.

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Pentagon lawyers argue the

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department of defense has no

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report to issue an rfp and

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officials are unsure if rivada

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has the technology to do what

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the company claims it will do.

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The Pentagon offered no comment

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as to my reporting.

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President trump's interest in

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helping the this company is said

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to have been encouraged by Carl

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rove.

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It's a lobbyist in rivada.

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Officials have been stunned by

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the white house push.

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The 5g competitors include more

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traditional telecommunications

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companies such as AT&T which we

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should point out is CNN's parent

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company.

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No one affiliated with this

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story has communicated with

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anyone at AT&T about this story

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in any way.

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When asked for a comment today,

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a white house official told CNN

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that the chief of staff goal is

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to get 5g deployed across the

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country as quickly and safely as

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possible.

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The official says that meadows

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is agnostic about which company

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should get the contract though

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he believes rivada has made a

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compelling argument.

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A spokesman and Carl rove deny

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they want a non-competitive deal

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in any way.

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Yet informed sources tell me

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that the white house is

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unquestionably pressuring the

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Pentagon and as one official

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puts it, it's awarded it would

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be a gold mine.

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Craig Moffett concluded in an