News & Analysis as of

U.S. Treasury Regulatory Reform Government Agencies

Eversheds Sutherland (US) LLP

Senators oppose FinCEN’s Interim Final Rule on the Corporate Transparency Act

On May 27, 2025, Senators Sheldon Whitehouse (D-RI) and Charles E. Grassley (R-IA) submitted a comment to US Treasury Secretary Scott Bessent expressing strong opposition to the Financial Crime Enforcement Network’s Interim...more

Bass, Berry & Sims PLC

U.S. Government Eases Some Restrictions on Syria

On May 23, 2025, the U.S. Treasury Department, Office of Foreign Assets Control (OFAC) announced several actions to provide sanctions relief to Syria. OFAC is the primary government agency responsible for administering U.S....more

Baker Botts L.L.P.

U.S. Treasury Department Announces Intent to Launch Fast Track Program to Streamline CFIUS Reviews for Certain Foreign Investors

Baker Botts L.L.P. on

On May 8, 2025, the U.S. Treasury Department announced its intent to launch a Fast Track Pilot Program designed to streamline the Committee on Foreign Investment in the United States ("CFIUS") review process for certain...more

Thomas Fox - Compliance Evangelist

Compliance Tip of the Day: Standing at the Turning Point

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned...more

Mandelbaum Barrett PC

GO DIGITAL OR GO HOME! Trump’s Executive Order to Eliminate Paper Checks To/From Federal Agencies

Mandelbaum Barrett PC on

On March 25, 2025, President Donald Trump signed a landmark executive order that will fundamentally change how the United States Treasury Department handles payments. Effective September 30, 2025, the Treasury will cease...more

Bressler, Amery & Ross, P.C.

Insurance Leaders from Various Camps Support Abolition of the Federal Insurance Office

In 2010, the Federal Insurance Office (“FIO”) was created within the United States Treasury Department by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to support uniform regulation of Insurance across the...more

Sheppard Mullin Richter & Hampton LLP

Treasury Confirms All CDFI Fund Programs Are Backed by Law Amid Executive Order Review

On March 21, the U.S. Department of the Treasury submitted a report to the Office of Management and Budget affirming that all 11 programs administered by the Community Development Financial Institutions (CDFI) Fund are...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Tax Implications of Trump’s Recent Executive Actions

President Donald Trump has issued a series of executive orders with significant tax implications. The moves underscore the administration’s commitment to influencing tax policies, regulatory frameworks and trade practices as...more

Bradley Arant Boult Cummings LLP

Rohit Chopra Out, Scott Bessent In (Temporarily) at the CFPB

In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn in Secretary of the Department of the Treasury Scott Bessent to simultaneously lead the Consumer...more

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