In a landmark moment for global AI governance, the United States, European Union and United Kingdom have signed the Council of Europe’s framework convention on artificial intelligence and human rights, democracy, and the rule...more
9/17/2024
/ Artificial Intelligence ,
Ethics ,
EU ,
Human Rights ,
Innovative Technology ,
International Treaties ,
Machine Learning ,
Regulatory Agenda ,
Treaties ,
UK ,
United States
Ukraine’s reconstruction efforts present myriad opportunities for foreign businesses particularly in the energy, construction and tech sectors. At the same time, it is imperative for foreign businesses to approach these...more
On December 8, 2021 the EU Commission published its proposal for a new “Anti-Coercion Instrument.” The regulation is being proposed in response to targeted deliberate economic pressures applied to the EU and its Member States...more
Updates from recent U.S. House Committee on Financial Services hearing and proposed legislation -
In light of recent Congressional hearings and proposed legislation, market participants should remain vigilant and prepared...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
President Biden signs relief bill into law and begins implementation.
President Biden has now signed the American Rescue Plan Act, a $1.9 trillion investment and stimulus package designed to address the ongoing COVID-19...more
3/12/2021
/ Affordable Housing ,
American Rescue Plan Act of 2021 ,
Child Care ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Economic Injury Disaster Loans ,
Economic Stimulus ,
Families First Coronavirus Response Act (FFCRA) ,
Immigrants ,
Joe Biden ,
Mortgages ,
Paycheck Protection Program (PPP) ,
Public Health ,
Public Schools ,
Relief Measures ,
Rental Assistance Programs ,
Restaurant Industry ,
State Aid ,
Vaccinations ,
Virus Testing
On 19 January, the EC published a strategy setting out wide-ranging ideas for the development of its financial market infrastructure. The strategy includes plans for driving the green transition in line with the European...more
On January 10, 2021, then Secretary of State Mike Pompeo designated Ansarallah, an armed militia in Yemen backed by Iran also known as the “Houthis,” as a Foreign Terrorist Organization (FTO) and as Specially Designated...more
Last week, President Biden released a fact sheet summarizing a proposed $1.9 trillion COVID-19 stimulus package, which promises to have a broad reaching impact on U.S. businesses.
The proposal includes a $15 billion grant...more
1/21/2021
/ Biden Administration ,
Budget Reconciliation ,
Clean Energy ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Economic Stimulus ,
Educational Institutions ,
Families First Coronavirus Response Act (FFCRA) ,
Popular ,
Public Utility ,
Relief Measures ,
Sick Leave ,
Small Business ,
Small Business Loans ,
Technology Sector ,
Tenants ,
Vaccinations ,
Venture Capital
Following the UK’s withdrawal from the EU, effective 11 pm UK time on 31 December 2020, the UK (with the exception of Northern Ireland in some cases) no longer automatically implements EU laws.
This has brought about...more
After months of deadlock, a $900 billion stimulus package promises direct payments, unemployment benefits and small business aid.
On December 27, President Trump signed into law a $900 billion COVID relief package and a...more
1/4/2021
/ CARES Act ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Economic Impact Payments ,
Economic Injury Disaster Loans ,
Economic Stimulus ,
Employee Retention ,
Eviction ,
Fraud ,
Moratorium ,
Pandemic Unemployment Assistance (PUA) ,
Pandemic Unemployment Emergency Compensation (PUEC) ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SNAP Program ,
Tax Credits ,
Unemployment Benefits ,
Vaccinations
With potential gridlock in Congress and a national public health and economic crisis requiring immediate action, businesses can expect President-elect Biden to take swift action by using his executive power upon taking...more
12/23/2020
/ Biden Administration ,
Climate Change ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Defense Production Act ,
Executive Powers ,
Foreign Policy ,
Immigration Reform ,
Loan Forgiveness ,
OSHA ,
Popular ,
Public Health Emergency ,
Public Policy ,
Student Loans
Hydrogen is gaining global recognition for its potential as a key player in the energy transition. Investors and businesses are exploring opportunities across multiple sectors, including energy, manufacturing, transport and...more
President-Elect Biden won a mandate to bring normalcy back to government and to seek bipartisan compromise where possible.
The makeup of the U.S. Senate may limit the Biden Administration’s ability to deliver its most...more
11/10/2020
/ Biden Administration ,
Coronavirus/COVID-19 ,
Education Reform ,
Energy Sector ,
Environmental Policies ,
Ethics ,
Executive Powers ,
Financial Services Industry ,
Foreign Policy ,
Gig Economy ,
Healthcare Reform ,
Infrastructure ,
Political Campaigns ,
Popular ,
Social Media Policy ,
Tax Reform ,
Trade Policy
In this election cycle, technology and internet policy is a persistent factor across multiple issue areas. With implications for national security, economic equality, infrastructure and market regulation, the next...more
11/4/2020
/ California Consumer Privacy Act (CCPA) ,
China ,
Communications Decency Act ,
Data Privacy ,
Data Protection ,
Department of Defense (DOD) ,
Department of Justice (DOJ) ,
Donald Trump ,
Fair Labor Standards Act (FLSA) ,
FCC ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Gig Economy ,
Internet ,
Joe Biden ,
PACT Act ,
Popular ,
Remote Learning ,
Research and Development ,
SHIELD Act ,
Standard Contractual Clauses ,
Telehealth
Pillsbury’s political law and public policy groups break down the need-to-know numbers for this year’s election. Pillsbury’s Election Night Guide examines the potential outcomes for the 2020 Presidential election, as well as...more
Despite fundamentally different approaches and worldviews, the candidates make remarkably similar diagnoses of what historical issues must be addressed.
Despite the combative rhetoric over President Trump’s use of tariffs...more
10/30/2020
/ CFIUS ,
China ,
Coronavirus/COVID-19 ,
Donald Trump ,
Fair Trade Agreements (FTA) ,
Foreign Policy ,
Free Trade Agreements ,
International Trade ,
Joe Biden ,
Supply Chain ,
Tariffs ,
Trade Wars ,
Trans-Pacific Partnership ,
United States-Mexico-Canada Agreement (USMCA)
Doubling down on an America First foreign policy, a second term for President Trump would focus on continued unwinding post 9/11 military involvement in the Middle East while pursuing normalization of ties between Israel and...more
10/29/2020
/ America First Trade Policy ,
China ,
Donald Trump ,
Economic Sanctions ,
Foreign Policy ,
Human Rights ,
Iran ,
Israel ,
Joe Biden ,
Joint Comprehensive Plan of Action (JCPOA) ,
Middle East ,
Paris Agreement ,
Russia ,
Saudi Arabia ,
US State Departments ,
USAID
The major policy differences between President Trump and Former Vice President Joe Biden on regulations governing energy and the environment could have major impacts on the energy transition.
Former Vice President Biden, if...more
10/22/2020
/ Automotive Industry ,
Biofuel ,
Bureau of Land Management ,
Donald Trump ,
Economic Growth ,
Energy Efficiency ,
Energy Sector ,
Environmental Policies ,
FERC ,
Joe Biden ,
Net Zero ,
Oil & Gas ,
Paris Agreement ,
Popular ,
Renewable Energy ,
Renewable Fuel Standard
The EU has amended its list of high-risk third countries, as a step in its wider plan to overhaul its anti-money laundering and terrorist financing laws and clamp down on these activities in the bloc.
The new list of...more
10/2/2020
The SBA has continued its wave of regulations and guidance as PPP borrowers begin to apply for loan forgiveness.
New regulations address nuanced, but important, issues such as “owner-employee” compensation and the...more
8/28/2020
/ C-Corporation ,
CARES Act ,
Full-Time Employees ,
Interim Final Rules (IFR) ,
Loan Forgiveness ,
New Guidance ,
New Regulations ,
Owner-Employee Compensation ,
Paycheck Protection Program (PPP) ,
Pending Legislation ,
S-Corporation ,
SBA ,
Small Business
Considerations for PPP borrowers as they apply for loan forgiveness -
As the Paycheck Protection Program (PPP) enters its forgiveness phase—where many borrowers have exhausted or are about to exhaust their loans and will...more
The DFC represents an important new financing source for companies investing in emerging markets overseas, as well as in projects in the U.S. that enhance the domestic response to COVID-19.
The recently launched DFC has up...more
President Trump signs law authorizing sanctions on individuals and financial institutions and ends U.S. preferential treatment for Hong Kong.
The Hong Kong Autonomy Act authorizes sanctions on foreign financial...more
8/5/2020
/ China ,
Defense Production Act ,
Executive Orders ,
Export Control Reform Act (ECRA) ,
Exports ,
Financial Institutions ,
Foreign Financial Institutions (FFI) ,
Hong Kong ,
Hong Kong Autonomy Act (HKAA) ,
Hong Kong Human Rights and Democracy Act (HKHRDA) ,
Immigration and Nationality Act ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
Sanctions ,
U.S. Treasury ,
US Department of State ,
Visas
Democrats and Republicans launch negotiations, each envisioning a broad-scale extension of previous efforts to stem the economic damage from COVID-19.
Senate Republicans and House Democrats have both put forth proposals...more
8/3/2020
/ Affordable Care Act ,
CARES Act ,
Child Tax Credit ,
Coronavirus/COVID-19 ,
Earned Income Credit ,
Economic Impact Payments ,
Employee Retention ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Pandemic Unemployment Compensation (FPUC) ,
Financial Stimulus ,
Medicaid ,
Pandemic Emergency Unemployment Compensation (PEUC) ,
Pandemic Unemployment Assistance (PUA) ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
SBA ,
SNAP Program ,
Supply Chain