News & Analysis as of

Regulatory Agenda Office of Management and Budget

Fenwick & West LLP

Trump Administration Releases Sweeping AI Action Plan

Fenwick & West LLP on

On July 23 and 24, 2025, the Trump administration released its “Winning the AI Race: America’s AI Action Plan,” a far-reaching strategy aimed at advancing U.S. leadership in artificial intelligence. ...more

Troutman Pepper Locke

CFPB Signals Review of Mortgage Servicing and Larger Participant Rules

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Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) submitted several regulatory proposals to the Office of Management and Budget (OMB) for review. Among the rules under consideration are those related to...more

Ballard Spahr LLP

CFPB Files Rulemaking Items With Office of Management and Budget

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The CFPB recently made filings with the Office of Management and Budget (OMB) regarding the following rules...more

Brownstein Hyatt Farber Schreck

White House Advances Deregulatory Agenda

On April 9, 2025, President Trump issued a memorandum directing federal agencies to begin repealing regulations deemed “clearly unlawful,” particularly those invalidated or undermined by recent Supreme Court rulings such as...more

Hogan Lovells

Trump Administration Calls for Additional Deregulatory Action

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Last week, President Trump issued several actions, including executive orders and instructions to agencies, that direct agency heads to review and repeal regulations deemed unlawful or anti-competitive. The actions further...more

Cooley LLP

New Executive Order Will Consolidate Federal Agency Procurement Functions in the General Services Administration

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On March 20, 2025, President Donald Trump issued an executive order requiring federal agencies to consolidate much of their existing procurement responsibilities in the General Services Administration (GSA). The new order,...more

Jenner & Block

Client Alert: Recent Executive Actions on Agency Independence—Not-Quite-Hot Takes for FERC

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In a spate of executive orders and other actions over the last several weeks, the new administration has moved to exert unprecedented control over independent regulatory agencies, including the Federal Energy Regulatory...more

Health Care Compliance Association (HCCA)

‘Waking Up With Panic Attacks’: NIH 15% Plan Caps Tumultuous Weeks Under New Administration

If NIH succeeds in imposing an across-the-board indirect cost rate of 15%, rough estimates indicate the University of Michigan could lose $119 million a year. Emory University could be down $75 million. For the University of...more

K&L Gates LLP

Trump Administration Asserts Control Over Independent Agencies

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The Trump administration has taken two actions that will dramatically increase White House control over federal commissions, boards, and officials that were previously considered independent. These actions are likely to...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 2025 # 4

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Ballard Spahr LLP

Trump orders review of regulations to help the ‘deconstruction of the overbearing and burdensome administrative state’

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President Trump has issued an Executive Order that requires agencies to review all regulations “for consistency with law and Administration policy.”...more

PilieroMazza PLLC

Federal Judge Issues Preliminary Injunction Blocking Trump Administration’s Blanket Freeze on Federal Funding

PilieroMazza PLLC on

As PilieroMazza has been tracking in our recent alerts, the Trump administration is attempting to block federal funding through a freeze outlined in the now-rescinded OMB Directive M-25-13 (Directive). The Directive and the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Rolling Back the Administrative State: Understanding Trump’s Deregulatory Initiative

On February 19, 2025, President Donald Trump issued the executive order “Ensuring Lawful Governance and Implementing the President’s ‘Department of Government Efficiency’ Deregulatory Initiative” (the 2025 EO). The 2025 EO,...more

Katten Muchin Rosenman LLP

President Trump Executive Order on Supervision of 'Independent' Agencies

Amidst a blitz of executive action, on February 18, President Donald Trump signed an executive order entitled “Ensuring Accountability for all Agencies” (Executive Order) exerting more direct control over “independent...more

Foley & Lardner LLP

An Executive Branch for the People, by the People: What the New Administration’s Executive Orders Mean for an Independent CPSC

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While independent regulatory agencies, like the Consumer Product Safety Commission (CPSC or the Commission), have typically considered themselves exempt from executive orders, recent events indicate the CPSC is likely not...more

Wiley Rein LLP

“Deregulatory Review” EO Could Provide Opportunity to Streamline Government Contracting Rules

Wiley Rein LLP on

President Trump issued an Executive Order this week that broadly targets federal regulations and guidance for review and rescission, amid a flurry of activity focused on limiting the size and reach of government. The February...more

Akin Gump Strauss Hauer & Feld LLP

New Executive Order Aims to Curb the Authority of Independent Agencies, Including the FCC

On February 18, 2025, President Trump issued a new Executive Order (EO) entitled “Ensuring Accountability for All Agencies,” which attempts to expand presidential authority over heretofore independent regulatory agencies. The...more

Akin Gump Strauss Hauer & Feld LLP

Commencing the Reduction of the Federal Bureaucracy (Trump EO Tracker)

Commences a reduction in the elements of the Federal bureaucracy that the President has determined are unnecessary. The non-statutory components and functions of several governmental entities shall be eliminated to the...more

Akin Gump Strauss Hauer & Feld LLP

Ensuring Lawful Governance and Implementing the President’s “Department of Government Efficiency” Deregulatory Initiative (Trump...

Directs agency heads, in coordination with their Department of Government Efficiency (DOGE) team lead and the Office of Management and Budget (OMB) Director, to initiate a process to review all agency regulations and rescind...more

Schwabe, Williamson & Wyatt PC

A Closer Look at the Regulatory Executive Order

On January 31, the Trump Administration issued Executive Order 14912, titled “Unleashing Prosperity Through Deregulation” (the “Regulatory EO”), the purpose of which is to “promote prudent financial management and alleviate...more

Snell & Wilmer

Trump Issues Executive Order for Deregulation

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President Donald J. Trump, in December 2017, discussed the number of regulations eliminated in his first Administration’s “far-reaching regulatory reform,” known as the “two-for-one rule.” Eleven months earlier, Trump had...more

Hogan Lovells

Trump Administration Issues Two Executive Orders Affecting Agency Regulations and Workforce

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President Donald Trump recently issued two executive orders furthering his policy to reduce the number of federal regulations and the size of the federal workforce, both of which will affect the food and agriculture...more

Morrison & Foerster LLP

FinReg Currents - Week 4

On February 7, 2025, newly confirmed Office of Management and Budget (OMB) director Russell Vought replaced Treasury Secretary Scott Bessent as acting director of the CFPB....more

Shipman & Goodwin LLP

Federal OMB Funding Freeze and Litigation Primer

Shipman & Goodwin LLP on

Amid a surge of presidential executive orders since the change in administrations, the federal Office of Management and Budget (OMB) has published a series of documents that have spawned much confusion and litigation. Via...more

Orrick, Herrington & Sutcliffe LLP

President Trump signs executive order to reduce regulatory burden

On January 31, President Trump announced that he signed Executive Order 14192 focusing on deregulation efforts such as requiring federal agencies to repeal at least ten existing rules or regulations for every new one...more

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