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Trump Administration Regulatory Oversight

Troutman Pepper Locke

Illegal Eagles: DOI Sinks Its Talons Even Deeper Into Wind Energy

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The frenetic pace of anti-renewable actions from the U.S. Department of the Interior (DOI) has continued into this week with the issuance of a new memorandum from Greg Wischer, deputy chief of staff for policy, directing the...more

Latham & Watkins LLP

LathamTECH in Focus: Move Fast, Stay Compliant

Latham & Watkins LLP on

In this episode of LathamTECH in Focus, Chris Frey, a White Collar Defense & Investigations partner, explores the special risks emerging tech companies face under recent administrations and how they can stay ahead in a...more

Bergeson & Campbell, P.C.

President Trump Sends Nomination for OCSPP Assistant Administrator to the Senate

On July 30, 2025, President Trump sent to the U.S. Senate Committee on Environment and Public Works (EPW) the nomination of Mr. Douglas Troutman to be Assistant Administrator for the Office of Chemical Safety and Pollution...more

Jones Day

With New Action Plan, White House Launches AI "Space Race"—What Banks Should Know

Jones Day on

The White House has issued an AI Action Plan that aims to position the United States as the leader in artificial intelligence ("AI"), as part of a broader pattern of boosting innovation and reducing regulatory burden, with...more

Bond Schoeneck & King PLLC

College Sports Commission Revises Guidance on NIL Deals Involving Collectives

Background - On July 10, 2025, the College Sports Commission (“CSC”) issued initial guidance to Division I athletic directors describing how it would scrutinize college athletes’ NIL deals with associated entities[1] like...more

Venable LLP

CBER Director Resigns from FDA, Commissioner Makary’s Recent Remarks on FDA Staffing Cuts, CBER Hiring Data, and Additional...

Venable LLP on

Through our Venable FDA Pulse series, we report on critical developments within the Food and Drug Administration (FDA or Agency) that may affect the Agency’s structure and stakeholder interactions. ...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - August 2025 - GENIUS Act Establishes Legal Framework for Payment Stablecoins

The President signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025’or ‘‘GENIUS Act of 2025’” (the Act) on July 18, 2025. The new law establishes a basis for regulators to permit a...more

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

Goodwin

America’s AI Action Plan Emphasizes Governance and Risk Management to Promote the Secure and Safe Adoption of AI Tools

Goodwin on

On July 23, 2025, the Trump Administration released its AI Action Plan (“the Plan”), a long-anticipated roadmap for the federal government’s approach to AI governance that presents a number of implications for businesses...more

Patterson Belknap Webb & Tyler LLP

Prediction Markets Set to Benefit from U.S. Enforcement Shift

Among the changes to the regulatory oversight and enforcement priorities that have accompanied the first six months of Donald Trump’s second term has been an embrace of cryptocurrencies and business models that rely on them....more

Cozen O'Connor

Passage of the GENIUS Act: A Turning Point in Stablecoin and Digital Asset Regulation

Cozen O'Connor on

President Donald J. Trump has signed into law the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 or the GENIUS Act of 2025), establishing the first comprehensive federal framework for...more

Sheppard Mullin Richter & Hampton LLP

Senate Confirms Jonathan Gould as Comptroller of the Currency

On July 10, 2025, the U.S. Senate confirmed Jonathan Gould as Comptroller of the Currency in a 50–45 vote. Gould will serve a five-year term and returns to the OCC, where he previously served as Chief Counsel and Senior...more

Orrick, Herrington & Sutcliffe LLP

OCC’s new comptroller of the currency is Jonathan Gould

On July 15, the OCC announced that Jonathan V. Gould has taken office as the 32nd comptroller of the currency, following his nomination by President Donald J. Trump on February 11 and confirmation by the U.S. Senate on July...more

Ballard Spahr LLP

Supreme Court allows Education Department to fire employees; Is CFPB Staff Next?

Ballard Spahr LLP on

In another case that may not augur well for the CFPB staff, the Supreme Court is allowing the Trump Administration to continue dismantling the Education Department, lifting a court order that had required the rehiring of as...more

Ballard Spahr LLP

Jonathan Gould confirmed as Comptroller of the Currency

Ballard Spahr LLP on

The Senate has confirmed Jonathan Gould as Comptroller of the Currency. Gould, who served as Senior Deputy Comptroller and Chief Counsel at the OCC during President Trump’s first term, was confirmed 50-45. Every Democrat...more

Fisher Phillips

Meet the New Boss – Same as the Old Boss? Cryptic FTC Filings Suggest Non-Compete Ban May Not Be Dead After All

Fisher Phillips on

Most observers following the saga of the Federal Trade Commission’s non-compete ban expected a final nail in the coffin last week – voluntary dismissal of the appeal that Biden-era leadership filed to keep the ban alive. That...more

Ballard Spahr LLP

Independent Fed Inspector General assigned to CFPB investigating administration’s actions at the CFPB

Ballard Spahr LLP on

The independent Office of Inspector General (OIG) for the Federal Reserve System (FRS) and Consumer Financial Protection Bureau (CFPB) is investigating the bureau’s workforce reductions and its canceled contracts, according...more

Ballard Spahr LLP

Senate Republicans get Parliamentarian’s approval to slash CFPB funding in massive budget bill

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Senate Banking, Housing and Urban Affairs (Banking Committee) Republicans have received the Senate Parliamentarian’s approval to cut the CFPB’s funding. As a result, in the large budget reconciliation bill now being written...more

Troutman Pepper Locke

Federal “Temporary Pause” of State AI Laws Clears Procedural Hurdle as Sides Draw Battle Lines

Troutman Pepper Locke on

One of many provisions in the “One Big Beautiful Bill Act,” passed by the U.S. House of Representatives, would place a 10-year “temporary pause” on states’ ability to regulate artificial intelligence (AI). Initially called a...more

Seyfarth Shaw LLP

In the Hot Seat: Andrea Lucas Defends Record at Senate Hearing

Seyfarth Shaw LLP on

The Acting Chair of the EEOC has been renominated to serve another term as commissioner, and testified at her confirmation hearing on June 18, 2025. Confirmation is required for her to continue as Acting Chair. Ms. Lucas’...more

Ballard Spahr LLP

NYC Comptroller calls for strengthening city, state consumer protection laws, regulations

Ballard Spahr LLP on

Accusing the Trump Administration of “dismantling” the CFPB, New York City Comptroller Brad Lander is calling on city and state officials to fill the void by strengthening consumer protection laws and rules in the city and...more

Ballard Spahr LLP

Senate Parliamentarian says elimination of CFPB funding cannot be included in budget bill but delay of Section 1071 rule passes...

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The Senate parliamentarian has ruled that a key Senate Banking, Housing and Urban Affairs (Banking Committee) provision that would eliminate all funding for the CFPB cannot be included in the massive budget reconciliation...more

Ballard Spahr LLP

President Trump’s Budget Goes To Work Against Enforcement Agencies with Significant Cuts to DOL and NLRB

Ballard Spahr LLP on

President Trump’s proposed budget for Fiscal Year (FY) 2026 includes substantial reductions to the U.S. Department of Labor’s (DOL) budget and staff.  The proposed discretionary budget is slashed from $13.5 billion to $9...more

Goodwin

The Evolving Landscape of AI Regulation in Financial Services

Goodwin on

Artificial intelligence (AI) is increasingly woven into financial services operations, transforming everything from consumer interactions through chatbots and targeted marketing to essential functions like underwriting,...more

Orrick, Herrington & Sutcliffe LLP

Bowman confirmed as Fed Vice Chair of Supervision

On June 4, the U.S. Senate voted to confirm Michelle Bowman as Vice Chair for Supervision of the Board of Governors of the Fed for a term of four years. President Trump planned to nominate Fed Governor Michelle Bowman as the...more

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