The new federal office aims to accelerate mega-investments and revamp CHIPS Act oversight. Against the backdrop of rising global competition and ongoing industrial policy debates, on March 31, 2025, President Trump...more
On March 14, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) in the Federal Register that will impose new obligations on many money services...more
3/20/2025
/ Anti-Money Laundering ,
Compliance ,
Federal Register ,
Financial Services Industry ,
FinCEN ,
Geographic Targeting Order ,
Money Services Business ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
Suspicious Activity Reports (SARs)
With the Trump administration and a Republican-controlled Congress now in office, significant changes to the U.S. economic landscape and tax policy are expected. Indeed, legislation to change tax policy and to implement...more
3/12/2025
/ Budget Cuts ,
Corporate Taxes ,
Executive Orders ,
Federal Budget ,
Legislative Agendas ,
SALT ,
State and Local Government ,
Tariffs ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform ,
Trump Administration
Executive orders, funding freezes, and what’s next for federal disbursements - In his first week in office, President Trump issued a record number of executive orders (EOs) and key executive memorandums, setting new federal...more
The executive order aims to expedite energy projects, boost domestic production, and strengthen U.S. energy independence through streamlined regulatory reforms. On January 20, 2025, President Trump issued the “Declaring a...more
1/31/2025
/ Defense Production Act ,
Department of Energy (DOE) ,
Endangered Species Act (ESA) ,
Energy Sector ,
Environmental Policies ,
Executive Orders ,
Fossil Fuel ,
Infrastructure ,
Oil & Gas ,
Regulatory Agenda ,
Regulatory Reform ,
Trump Administration
Executive orders will have dramatic impact on federal agencies, contractors, and grantees, and sow uncertainty about voluntary DEI initiatives. Following his second-term inauguration, President Trump swiftly signed a...more
President-elect Trump is expected to sign a slew of executive orders on Day One, addressing areas like immigration, trade and energy. These actions aim to reverse many Biden-era policies and set new priorities, including...more
1/13/2025
/ Biden Administration ,
Climate Change ,
Diversity and Inclusion Standards (D&I) ,
Energy Policy ,
Environmental Policies ,
Executive Orders ,
Immigration Reform ,
Paris Agreement ,
Presidential Appointments ,
Presidential Pardons ,
Regulatory Agenda ,
Tariffs ,
Trade Policy ,
Trump Administration
With unified Republican control and President-elect Trump in the White House, the new 119th Congress is certain to launch a wave of oversight activities. Organizations should prepare now for a high-stakes and unpredictable...more
1/3/2025
/ China ,
Compliance ,
Congressional Oversight ,
Corporate Counsel ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Federal Budget ,
Financial Services Industry ,
Fraud Abuse and Waste ,
Government Agencies ,
Inflation Reduction Act (IRA) ,
Infrastructure Investment and Jobs Act (IIJA) ,
Investigations ,
Legislative Agendas ,
Misuse or Misdirection of Funds ,
Popular ,
Regulatory Agenda ,
Risk Mitigation ,
Technology Sector
With unified control of Congress and the White House, Republicans are primed to use the CRA to swiftly overturn regulations promulgated in the final months of the Biden Administration.
The Congressional Review Act (CRA)...more
12/12/2024
/ Agency Disapproval ,
Biden Administration ,
Chevron Deference ,
Clean Air Act ,
Compliance ,
Congressional Review Act ,
Corporate Counsel ,
Deregulation ,
Environmental Protection Agency (EPA) ,
Expedited Actions Process ,
GAO ,
Greenhouse Gas Emissions ,
Joint Resolutions ,
Legislative Agendas ,
Loper Bright Enterprises v Raimondo ,
Methane ,
Regulatory Agenda ,
Repeal ,
Reporting Requirements ,
Rollbacks ,
Toxic Substances Control Act (TSCA) ,
Trump Administration
Companies would be wise to take into consideration the potential outsized impact of DOGE as they develop public policy plans for the new administration.
DOGE is intended to serve as an advisory or consulting organization...more
11/27/2024
/ Corporate Counsel ,
Deregulation ,
Elon Musk ,
Environmental Protection Agency (EPA) ,
Fraud ,
Investigations ,
Loper Bright Enterprises v Raimondo ,
OMB ,
Prompt Payment ,
Regulatory Reform ,
SCOTUS ,
Trump Administration ,
Waste ,
West Virginia v EPA
An Initial Roundup of Key Policy Issues and Expectations
The re-election of Donald Trump—empowered by at least a Republican-led Senate—marks a significant political and administrative change in the United States, with...more
11/8/2024
/ Affordable Care Act ,
China ,
Congressional Review Act ,
Corporate Counsel ,
Cryptocurrency ,
Deregulation ,
Energy Sector ,
Environmental Protection Agency (EPA) ,
Federal Budget ,
Foreign Investment ,
Foreign Policy ,
Immigration Procedures ,
Inflation Reduction Act (IRA) ,
Iran ,
Israel ,
Russia ,
Saudi Arabia ,
Securities and Exchange Commission (SEC) ,
Tariffs ,
Tax Cuts and Jobs Act ,
Trade Policy ,
Ukraine
The Defense Department will provide loans and loan guarantees to support commercial supply chains for technologies that are critical to U.S. national security.
The Defense Department Office of Strategic Capital will carry...more
The expansive final rule overhauls how banks are evaluated for lending to low- and moderate-income customers.
The federal banking regulators issued a joint final rule that will govern Community Reinvestment Act (CRA)...more
Recent actions by the Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB), with support from the Biden administration, signal that protecting consumers from so-called “junk fees” remains a key...more
10/23/2023
/ Biden Administration ,
Consumer Financial Protection Bureau (CFPB) ,
Excessive Fees ,
Federal Trade Commission (FTC) ,
Fees ,
Hidden Fees ,
Misleading Statements ,
Notice of Proposed Rulemaking (NOPR) ,
Overdraft Fees ,
Price Inflation ,
Unfair or Deceptive Trade Practices
The grant program will be authorized and appropriated through the Infrastructure Investment and Jobs Act.
The State and Local Cybersecurity Grant Program will provide a “first-of-its-kind” investment to state, local and...more
The Act includes significant funding to ensure long-term U.S. competitiveness in the advanced nuclear sector.
Investment in existing and new university nuclear infrastructure will support next-generation nuclear...more
Regulators took a first step toward modernizing CRA regulations with a joint Notice of Proposed Rulemaking.
The proposed rule would add more standardized metrics for regulators’ CRA examinations and more clearly delineate...more
Under the new law, critical infrastructure owners and operators will be required to report significant cyber incidents to the Department of Homeland Security’s (DHS) Cybersecurity and Infrastructure Security Agency (CISA)...more
3/31/2022
/ Critical Infrastructure Sectors ,
Cyber Incident Reporting ,
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) ,
Cybersecurity ,
Department of Homeland Security (DHS) ,
FBI ,
FOIA ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Penalties ,
Ransomware ,
Reporting Requirements ,
Transportation Security Administration ,
Virtual Currency
In response to increasingly frequent and sophisticated cybersecurity attacks on banks and bank service providers, the federal prudential banking regulators—the Office of the Comptroller of the Currency (OCC), the Board of...more
12/2/2021
/ Banking Sector ,
Banks ,
Breach Notification Rule ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
FDIC ,
Final Rules ,
Financial Institutions ,
Financial Services Industry ,
OCC ,
Popular ,
Regulatory Oversight ,
Reporting Requirements
Enactment of the massive infrastructure package creates funding opportunities as federal agencies prepare to award funds across a large swath of U.S. sectors and industries, including energy, broadband, water, transportation,...more
11/9/2021
/ Affordable Housing ,
Biden Administration ,
Broadband ,
Child Care ,
Cybersecurity ,
Education Reform ,
Electric Vehicles ,
Energy Sector ,
Green Energy ,
Healthcare Reform ,
Infrastructure ,
Legislative Agendas ,
Paid Leave ,
SALT ,
Tax Increases ,
Water
As CFPB Director, Rohit Chopra will vigorously apply the CFPB’s authority to promulgate rules, conduct examinations, and bring enforcement actions.
CFPB Acting Director Uejio has laid the groundwork for Director Chopra to...more
10/4/2021
/ Consumer Financial Protection Bureau (CFPB) ,
Credit Reports ,
Data Collection ,
Dodd-Frank ,
ECOA ,
Enforcement ,
Federal Trade Commission (FTC) ,
Senate Confirmation Hearings ,
Small Business Loans ,
Small Dollar Lenders ,
UDAAP
The Senate action sets the stage for weeks of fierce negotiation and tough compromises, including for those seeking infrastructure funding “wins” and the targets of new “pay-for” measures to fund the bill, including through...more
The President’s new Executive Order on Improving the Nation’s Cybersecurity includes wide-ranging measures intended to strengthen security standards for the federal government and federal government contractors in response to...more
5/20/2021
/ Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Department of Homeland Security (DHS) ,
DFARS ,
Encryption ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
FedRAMP ,
Joe Biden ,
Multi-Factor Authentication ,
National Security Agency (NSA) ,
NIST ,
OMB ,
Popular ,
Ransomware ,
Software ,
Supply Chain
The Senate has voted to repeal the True Lender Rule using the Congressional Review Act, a measure allowing Congress to disapprove of agency actions and nullify recently adopted administrative rules.
The True Lender Rule...more
President Biden’s American Jobs Plan includes ambitious spending proposals and modifications of the tax code that will affect businesses in all sectors of the U.S. economy.
President Biden announced the American Jobs Plan...more
4/20/2021
/ Affordable Housing ,
Airports ,
Biden Administration ,
Bridges ,
Broadband ,
Carbon Capture and Sequestration ,
Clean Energy ,
Electric Vehicles ,
Energy Efficiency ,
Energy Storage ,
Highways ,
Infrastructure ,
Manufacturers ,
Power Grid ,
Public Transit ,
Railways ,
Research and Development ,
Roads ,
Supply Chain ,
Tax Code ,
Water