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State Department Proposes Amendment to ITAR, Aiming to Bolster AUKUS Partnership

On May 1, 2024, the U.S. State Department published a proposed rule to reduce International Traffic and Arms Regulations (ITAR) licensing requirements for the transfer of defense articles or services between the United...more

New FAR Part 40 Established to Centralize Supply Chain and Information Security Requirements

On April 1, 2024, the Department of Defense (DoD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) issued a Final Rule amending the Federal Acquisition Regulation (FAR) to...more

Proposed CFIUS Rules Affirm Evolution and Growth of Review Process, Expansion of Penalties

On April 11, 2024, the Committee on Foreign Investment in the United States (CFIUS) issued a proposed update expanding its mitigation and enforcement provisions, the first such action since the enactment of the Foreign...more

Federal Maritime Commission Charges Forward with Interim Procedures for OSRA 22 Complaints

On December 1, 2022, the Federal Maritime Commission (FMC or the Commission) released “Interim Procedures for Processing Charge Complaints” filed with the Commission under the Ocean Shipping Reform Act of 2022 (OSRA 22). In...more

With Signs of Enforcement on Horizon, CFIUS Releases First Set of Penalty Guidelines

On October 20, 2022, the U.S. Department of Treasury, acting in its role as Chair of the Committee on Foreign Investment in the United States (CFIUS), published a new set of “Enforcement Penalty and Guidelines” (the...more

California Steams Past Federal Maritime Commission on Detention and Demurrage Prohibitions

On September 30, Governor Gavin Newsom signed Assembly Bill 2406 (AB 2406) into law in California. The bill, effective January 1, 2023, significantly limits the ability of marine container providers or terminal operators to...more

Biden Administration Significantly Expands CFIUS National Security Factors

On September 15, 2022, President Biden signed an Executive Order (EO), which connects the work carried out by the Committee on Foreign Investment in the United States (CFIUS or the Committee) to the Administration’s national...more

In or Out? Latest House Bill Exerts Pressure on Federal Contractors to Exit Russian Market

On April 6, 2022, the House Committee on Oversight and Reform passed H.R. 7185, the Federal Contracting for Peace and Security Act, which would prohibit the U.S. government (USG) from contracting with any companies continuing...more

Covered Employees of Federal Contractors Must Be Vaccinated by December 8

On September 24, 2021, the Safer Federal Workforce Task Force (task force) issued its anticipated guidance for federal contractors and subcontractors pursuant to President Biden’s Executive Order 14042 (the EO). Most...more

Harmony at Last? – Coast Guard Takes Steps to Embrace State Titling Laws

On September 22, 2021, the U.S. Coast Guard published a Notice of Proposed Rulemaking (NPRM), which would implement various changes relating to the certification of states’ titling systems for undocumented vessels. The NPRM...more

What Federal Contractors Need to Know About the Biden Administration’s Vaccine Mandate

On September 9, 2021, President Biden announced an executive order (EO) that expands upon the administration’s goals of requiring both federal employees and contractors and subcontractors working in connection with federal...more

New Executive Order Requires Many Federal Contractors to Increase Minimum Wage for Workers by 2022

On April 27, 2021, President Biden issued his latest executive order (the EO), which requires all federal agencies to incorporate a $15 per hour minimum wage into nearly every federal contract effective January 2022....more

U.S. Announces Sweeping New Sanctions Targeting Russia

On April 15, 2021, President Biden issued Executive Order 14024 (the EO), imposing new sanctions on the Russian Federation in response to foreign election interference in the 2020 U.S. federal election and the SolarWinds...more

New Rule Bans Federal Contractors from Using Chinese Telecom Equipment

On August 13, 2020, an interim final rule published by the Federal Acquisition Regulations Council (the Council) went into effect that prohibits the use of certain telecommunications equipment produced by Chinese entities...more

Amid Global Supply Concerns, Trump EO Seeks to Increase Domestic Fishing and Aquaculture Production

On May 7, 2020, President Trump signed an Executive Order on Promoting American Seafood Competitiveness and Economic Growth (the EO) with the goal of reducing regulatory burdens and developing a more robust domestic seafood...more

Congressional Oversight Report on CARES Act Funding — Not Much to Oversee Here (Yet)

On May 18, 2020, the Congressional Oversight Commission released its first report relating to $500 billion in Department of Treasury funding available under Subtitle A of the CARES Act. ...more

Federal Reserve Provides Greater Access, and Clarity, to the Main Street Lending Program

On April 30, 2020, the Federal Reserve announced a significant expansion of the Main Street Lending Program (MSLP) and released guidance related to specific provisions of each Main Street facility. ...more

Financial Relief Arrives for Small and Mid-Size Businesses

On April 9, 2020, the Federal Reserve, in conjunction with the Treasury Department, announced additional actions to support small and mid-sized businesses through an expansion of the Main Street Lending Program....more

DOT Clarifies its Enforcement Policy Regarding Coronavirus

The U.S. Department of Transportation (DOT) issued an “Enforcement Notice Regarding Denying Boarding by Airlines of Individuals Suspected of Having Coronavirus” (or COVID-19)....more

Droning On: Trump Administration Calls for Additional Sanctions on Iran

Spurred by the recent destruction of a U.S. drone by Iranian forces and alleged attacks on tankers in the Persian Gulf, President Trump issued a new executive order (EO) on June 24, 2019, calling for additional sanctions on...more

It’s Alive – Trump Administration Resurrects Helms-Burton Title III

On April 17, 2019, Secretary of State Mike Pompeo announced that the United States will permit Title III of the Helms-Burton Act, also known as the Libertad Act, to go into effect for the first time since the Act’s passage in...more

U.S. Lowers the (Oil) Boom on Venezuela

As part of the U.S. strategy to isolate the Maduro regime in Venezuela and support Venezuelan opposition leader Juan Guaidó, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Venezuela’s...more

OFAC Announces Imminent Termination of Rusal Sanctions

The Department of Treasury’s Office of Foreign Asset Control (OFAC) has officially notified the U.S. Senate of its decision to terminate sanctions imposed on En+ Group PLC (En+), United Company Rusal PLC (Rusal), and JSC...more

U.S. Completes Withdrawal from Iran Nuclear Deal

In what the U.S. Treasury Department has touted as the “largest ever single-day action targeting the Iranian regime,” the United States has now completed its withdrawal from the Joint Comprehensive Plan of Action (JCPOA). As...more

New Mandatory CFIUS Pilot Program Changes the Rules for Foreign Investment in the United States

Foreign investors in U.S. businesses take note: If your transaction is scheduled to close any time after November 10, 2018, new U.S. national security rules could result in delays or penalties for non-compliance....more

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