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Akin Gump Strauss Hauer & Feld LLP

Space Law, Regulation and Policy Update - August 2025

Good Afternoon! The past couple of weeks in space policy news have been dominated by defense headlines. In the U.S., a “czar” was appointed to oversee the Golden Dome project and the Pentagon began looking into alternative...more

ArentFox Schiff

Bill Requiring Commerce to Report Export License Application Information to Congress Proceeds

ArentFox Schiff on

On July 22, the US Senate passed the Maintaining American Superiority by Improving Export Control Transparency Act (the Bill), sending it to President Trump for his signature....more

Mintz - Antitrust Viewpoints

Bipartisan AI Bill Reintroduced; Senate Challenges China Chip Reversal — AI: The Washington Report

On July 30, Unleashing AI Innovation in Financial Services Act, a bipartisan, bicameral bill was reintroduced to “establish regulatory guardrails at financial regulatory agencies for regulated entities to test AI projects.”...more

McDermott Will & Schulte

UK Reforms National Security and Investment Regime: Streamlining or Expansion?

On 22 July 2025, the UK Government announced a set of targeted reforms to the National Security and Investment Act 2021 (NSI Act) and launched a consultation into proposed further changes. Alongside the reforms, the 2024-25...more

Maynard Nexsen

Big Beautiful Bill Includes Funding for Offensive Cyber Operations – Insights and Implications

Maynard Nexsen on

The One Big Beautiful Bill Act (“OBBBA”) (Publ. Law 119-21), enacted in July 2025, is a sweeping piece of legislation that addresses many issues. Among them, it allocates $1 billion over four years to boost U.S. offensive...more

Polsinelli

Texas Tightens Real Property Ownership Rules for Foreign Nationals with SB 17

Polsinelli on

Key Takeaways - Texas passed SB 17, which prohibits certain foreign nationals, including foreign governments, foreign-owned businesses and individuals from certain countries from purchasing or acquiring real property in...more

Holland & Knight LLP

Holland & Knight Defense Situation Report: July 2025

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Welcome to Holland & Knight's monthly defense news update. We are pleased to bring you the latest in defense policy, regulatory updates and other significant developments....more

Braumiller Law Group, PLLC

Hot Topics in International Trade - August 2025 - The U.S. Effort to Keep AI Out of China’s Hands

It comes as no surprise China has been a major focus point of the second Trump administration. One of the key reasons for this focus is the increasing national security concerns over technology. In particular, the smuggling...more

Latham & Watkins LLP

President Trump’s AI Action Plan: Key Insights

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The plan seeks to limit AI regulation at the federal and state level, encourages rapid development of AI infrastructure, and warns against ideological bias in models....more

ArentFox Schiff

GENIUS Act Ushers in New Era for US Stablecoin Regulation and Digital Asset Leadership

ArentFox Schiff on

On July 18, President Trump signed the GENIUS Act into law, marking a significant development in the regulation of digital assets and stablecoins in the United States....more

Epstein Becker & Green

AI Policy Alert: What to Know Before the White House Releases Its AI Action Plan

Epstein Becker & Green on

It’s July, and the White House Artificial Intelligence (“AI”) Action Plan (“Action Plan” or “the plan”) is almost here. In Executive Order 14179 of January 23, 2025—entitled “Removing Barriers to American Leadership in...more

Mintz - Antitrust Viewpoints

AI Implications in Senate and House Committees’ Versions of FY 2026 NDAA, and the Pentagon Awards Four AI Contracts Up to $200...

On July 9, the Senate Armed Services Committee (SASC) voted 26-1 to advance the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2026 to the Senate floor. The Senate version of the NDAA includes a comprehensive...more

A&O Shearman

EU Defence Readiness Omnibus: New Investment Pathways for Private Capital

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The European Commission (EC) released a communication on 17 June 2025 to introduce the “Defence Readiness Omnibus”, the latest in a series of legislative “Omnibus” packages presented by the EC in 2025. The Defence Omnibus...more

Hogan Lovells

The EU Space Act: A new proposal, towards a European space economy

Hogan Lovells on

In a long-awaited move, the EU Commission has published a proposal for a new EU “Space Bill”. Set to enter into force in 2030, this piece of legislation is aimed at harmonising a fragmented legal environment, in order to...more

Nossaman LLP

The OBBB Act | Enhancing U.S. National Security & Defense Capabilities

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On Friday, July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (H.R. 1) Public Law No: 119-21 (The OBBB Act). The OBBB Act would provide roughly $156 billion in funding for the Defense Department,...more

White & Case LLP

European Commission tables proposals to cut red tape for defence industry

White & Case LLP on

On 17 June 2025, the European Commission issued the Defence Readiness Omnibus, through which it proposes to amend key pieces of EU legislation to remove regulatory obstacles for the EU defence market. The initiative is part...more

Mintz - Antitrust Viewpoints

President Trump Signs Law with Over $1 Billion of AI Funding, and US Rescinds Chip Export Restrictions to China - AI: The...

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act, which allocates over $1 billion toward advancing the federal government’s use of AI. The funding package reinforces the administration’s...more

McDonnell Boehnen Hulbert & Berghoff LLP

Senators Push for U.S. Leadership on Quantum

In 2018, Congress enacted the “National Quantum Initiative Act.” This act set out goals and priorities for the next 10 years, and more importantly, funding for the next five years to accelerate quantum technology in the...more

Troutman Pepper Locke

Navigating the One Big Beautiful Bill Act: A Practical Guide

Troutman Pepper Locke on

On July 4, 2025, H.R. 1 — the One Big Beautiful Bill Act (the OBBBA) was enacted into law. We discussed the version of the bill that passed in the House in May (the House bill) in our previous update. On July 1, the Senate...more

Wiley Rein LLP

"One Big Beautiful Bill Act" Passes, Restoring FCC Auction Authority and Establishing Spectrum Pipeline

Wiley Rein LLP on

The Federal Communications Commission’s (FCC) general authority to conduct spectrum auctions lapsed on March 9, 2023, leaving a core pillar of agency responsibility subject to ad-hoc, band-specific authorizations as...more

Stoel Rives LLP

The One Big Beautiful Bill Modifies Renewable Energy Tax Credits

Stoel Rives LLP on

After weeks of negotiations and multiple rounds of changes and political negotiation, Congress today passed The One Big Beautiful Bill Act (the “Act”).  The Act makes a number of significant changes to the tax credits...more

Akin Gump Strauss Hauer & Feld LLP

Space Law, Regulation and Policy Update - June 2025

Good Afternoon! The past couple of weeks in space policy news have been dominated by defense headlines. In the U.S., a “czar” was appointed to oversee the Golden Dome project and the Pentagon began looking into alternative...more

Pillsbury - Global Trade & Sanctions Law

UK Investment Screening Regime: Still Expecting Amendments

On 23 June 2025, the UK government published its new Modern Industrial Strategy document (the “IS Document”), outlining the government’s current strategies for UK economic growth. The policy paper focuses on eight priority...more

Herbert Smith Freehills Kramer

UK’s controversial foreign influence registration scheme looms – Banks and other businesses prepare The new regime aimed at...

Almost two years since the National Security Act 2023 became law, on 1 July 2025 both tiers of the UK Government’s new Foreign Influence Registration Scheme (FIRS), will finally ‘go live’. Despite our own partially successful...more

Vinson & Elkins LLP

Texas Lassos Foreign Investment Regulation with Real Property Restrictions and Proposed “Texas Committee on Foreign Investment” -...

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The Texas Legislature was active this Session in proposing and passing bills that seek to restrict foreign ownership of real estate and businesses in Texas. Before this session, Texas did not have state-level restrictions on...more

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