News & Analysis as of

Banking Sector Federal Contractors Financial Services Industry

Orrick, Herrington & Sutcliffe LLP

Trump signs executive order to reduce the federal bureaucracy, eliminates community bank and credit union advisory committees

On February 19, President Trump issued an executive order to significantly reduce the federal bureaucracy’s size, following the administration’s policies to minimize government waste, reduce inflation, and encourage...more

Benesch

AI Reporter - December 2024

Benesch on

The U.S. government has expanded its relationship with OpenAI as NASA, the National Gallery of Arts and the IRS purchased ChatGPT licenses. This comes despite policymakers mulling potential concerns about the technology....more

Nutter McClennen & Fish LLP

Nutter Bank Report: October 2021

Federal and State Financial Regulators Publish New Guidance on LIBOR Transition - The federal banking agencies, the NCUA and the CFPB, in conjunction with the state bank and state credit union regulators, have issued joint...more

Barnea Jaffa Lande & Co.

New Standards in Cyber Protection for Companies in the Government, Infrastructure, and Finance Sectors

The Governmental Cyber Security Unit has published a new directive according to which material service providers to government, infrastructure, and finance bodies will be required to adopt a common and unified standard for...more

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