There was a really good recent interview with FCC Ajit Pai from the Neoliberal Project , where he discusses a lot of excitement of these small satellites to potentially enhance rural internet connectivity (an issue that seems close to his heart). He also mentions how evolving regulatory framework around small satellites, and how the FCC will become the de facto regulator for satellites despite the FCC primary mandate being the radio spectrum.

Listening to him, you can tell he's like a lot of other crony type Trump appointees; he seems to genuinely care about enhancing communication technologies in the US. I'm not saying I see eye to eye with him on all issues, but I think it's important for federal regulators to see the costs and benefits of policies, even if we fervently disagree with the final conclusion.

Link to the interview: https://www.youtube.com/watch?v=FUeNZsTajJQ