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White House Opens Door to Broader Inclusion of Alternative Assets in Defined Contribution Retirement Plans

A hotly anticipated August 7, 2025, executive order, "Democratizing Access to Alternative Assets for 401(k) Investors" ("EO"), aims to reduce regulatory barriers and significantly expand access to "alternative...more

White House Issues Executive Orders on AI Action Plan

The White House recently announced America's AI Action Plan (the "Plan")—sweeping federal AI policy reforms prioritizing innovation and deregulation of the artificial intelligence ("AI") industry....more

Navigating Tariffs and Income Taxes and Transfer Pricing

In this new trade landscape, it is more important than ever to coordinate customs and operational planning with income taxes and transfer pricing....more

OMB Directs Agencies to Accelerate AI Adoption and Devise Governance Strategy

The Office of Management and Budget releases highly anticipated guidance to federal agencies on the use and deployment of artificial intelligence and how to manage its risks....more

Mitigating Risk From the Designation of Cartels as FTOs and SDGTs

The Situation: After President Trump issued an Executive Order ("EO") that creates a process to designate international cartels and other organizations as "Foreign Terrorist Organizations" ("FTOs") or "Specially Designated...more

New Executive Order Bars Certain U.S. Investments in Chinese "Military Companies"

On November 12, 2020, President Trump issued an Executive Order titled "Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies," which will prohibit U.S. persons from participating...more

The Hong Kong Autonomy Act Signed Into Law

The Situation: On July 14, 2020, President Trump signed into law the Hong Kong Autonomy Act (the "HKAA"), the U.S. government's response to China's new National Security Law for Hong Kong. The Result: The HKAA could...more

White House Orders Agencies to Provide Regulatory Relief During and After COVID-19 - Executive order encourages deregulation to...

The President issued an executive order directing agencies to address the economic impact of COVID-19 by eliminating regulations, providing reopening guidance to businesses, and recognizing that regulatory compliance can be...more

Court Vacates $2 Million OFAC Penalty Against Exxon, Citing Lack of Fair Notice

The Situation: A U.S. District Court vacated a $2 million penalty imposed by the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") against Exxon Mobil Corporation ("Exxon") because OFAC failed to...more

U.S. Imposes Tariffs on Derivative Steel and Aluminum Imports

The Situation: The Trump administration announced new tariffs on imports of certain derivative, or "downstream," steel and aluminum articles with exemptions for certain countries. These tariffs are in addition to the existing...more

New Sanctions Target Additional Sectors of Iranian Economy

The Situation: The Trump administration announced a new round of sanctions on January 10, 2020, following escalating tensions between the United States and Iran. The Result: The new sanctions complement existing sanctions...more

U.S.-China Trade Uncertainty: Section 301 Tariff State of Play

The Situation: Recent reports indicate that the United States and China may soon reach an initial, limited trade deal that could involve the United States phasing out some existing tariffs on Chinese-origin goods while...more

U.S. Imposes Sanctions on Turkish Officials, Ministries in Response to Syrian Offensive

The Situation: In response to events in Syria and in the face of strong Congressional pressure to act, President Trump introduced sanctions targeting Turkey. The Result: Although the President indicated that a ceasefire...more

President Trump Expands Sanctions Targeting Maduro Regime - "Embargo" order blocks property of Government of Venezuela and...

On August 5, 2019, President Trump signed Executive Order 13884 ("E.O. 13884") blocking the property of the Government of Venezuela and authorizing sanctions against a range of additional persons. In connection with E.O....more

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