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
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
Pillsbury partner and Public Policy group leader Elizabeth Vella Moeller recently sat down with Matthew McGuire, former Executive Director of the World Bank under President Obama, to discuss the Biden administration’s...more
Pillsbury partner and Public Policy group leader Elizabeth Vella Moeller recently sat down with Matthew McGuire, former Executive Director of the World Bank under President Obama, to discuss the Biden administration’s...more
2/9/2021
/ 5G Network ,
Anti-Money Laundering ,
Bank Secrecy Act ,
Biden Administration ,
Chamber of Commerce ,
Disclosure Requirements ,
Financial Institutions ,
Financial Services Industry ,
Foreign Investment ,
Global Economy ,
India ,
International Relations ,
New Regulations ,
Shell Corporations ,
U.S. Treasury ,
Venture Capital ,
Virtual Currency ,
World Bank
The new administration has launched an avalanche of Executive Orders and memoranda aimed at tackling the climate crisis in its first week—Pillsbury reviews its impact.
Expect to see growth in electric vehicles, innovation...more
2/1/2021
/ Clean Air Act ,
Clean Energy ,
Climate Change ,
Congressional Review Act ,
Conservation ,
Department of Energy (DOE) ,
Electric Vehicles ,
Environmental Protection Agency (EPA) ,
Executive Orders ,
Fossil Fuel ,
National Emissions Standards ,
Oil & Gas ,
Renewable Energy ,
Zero-Emission Vehicles
As savvy investigators in Congress and the Biden-Harris Administration prepare for new and expanded government investigations, it is time for potential targets to assess and address their vulnerabilities.
Investigators in...more
1/28/2021
/ Biden Administration ,
CARES Act ,
CFIUS ,
China ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Diversity and Inclusion Standards (D&I) ,
Environmental Policies ,
Federal Contractors ,
Financial Services Industry ,
Fraud and Abuse ,
GAO ,
Government Investigations ,
National Security ,
Oversight Committee ,
Pharmaceutical Industry ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
TARP ,
Technology Sector
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
Little used before the Trump administration and with limited time to act, what regulations will the Biden administration target with the CRA?
Democrats can use the Congressional Review Act to overturn regulations passed in...more
1/20/2021
/ Biden Administration ,
Congressional Review Act ,
Consumer Financial Protection Bureau (CFPB) ,
Department of Labor (DOL) ,
Department of Transportation (DOT) ,
Environmental Policies ,
FCC ,
Federal Register ,
Final Rules ,
GAO ,
Joint Resolutions ,
Judicial Review ,
NEPA ,
Trump Administration ,
U.S. Commerce Department
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
President-elect Joe Biden announced an ambitious clean energy plan designed to counteract the impacts of climate change and reverse policies from the last four years of the Trump Administration.
With action promised on Day...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
Historic spending on the 2020 election is driving aggressive DOJ prosecution of criminal campaign finance violations.
The DOJ is increasing its efforts to prosecute businesses and executives for criminal violations of the...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
Commerce Department’s Economic Development Administration has started disbursing some of its allocated $1.5 billion in recovery assistance for local communities to address the impacts of the COVID-19 pandemic.
The U.S....more
On May 13, 2020, one day before the expiration of the relevant “safe harbor” deadline, the Small Business Administration (SBA) issued new guidance to borrowers who have been considering whether to return their CARES Act...more
As confirmation hearings are held for Special Inspector General for Pandemic Recovery, the DOJ announces its first major indictments for violations of the CARES Act.
DOJ and Leaders in Congress are turning to aggressive...more
In response to public input, loan options under the Main Street Lending Program have increased and eligible businesses expanded.
The pool of businesses eligible to borrow has been expanded....more
Multijurisdictional groups seeking relief should consider restrictions that might impact cashflows from U.S. companies to its foreign affiliates.
U.S. subsidiaries of non-U.S. companies can obtain access to various relief...more