The new executive order is the latest effort by the Trump administration to establish a “minimally burdensome national standard” for regulating the AI industry.
By Michael H. Rubin, Andrew Gass, Ghaith Mahmood, Sy Damle, and Fiona Maclean
Key Points:
The Order establishes an AI Litigation Task Force that will challenge state AI laws in court and…
The proposed rule would scale back federal jurisdiction under the Clean Water Act.
By Nikki Buffa, John C. Heintz, Michael G. Romey, Jennifer K. Roy, Lucas I. Quass, and Samantha Yeager
On November 17, 2025, the United States Environmental Protection Agency (EPA) and the Department of the Army, Corps of Engineers (USACE) (together with EPA…
On November 20, 2025, Latham lawyers discussed compliance with anti-discrimination laws and potential enforcement risks.
By Danielle Conley, Jenna B. Cooper, Anne W. Robinson, and Jude Volek
As part of the evolving legal landscape under the Trump administration, the federal government is leveraging the False Claims Act (FCA) to target efforts related to diversity, equity, and inclusion…
Federal funding lapse could slow filings and hearings as US courts shift schedules and staffing.
By Nicholas J. Boyle, Roberto J. Borgert, and Katherine Griffitts
As of October 20, 2025, the federal judiciary’s funding lapse is now disrupting day-to-day court operations. After exhausting fee balances and other non-appropriated funds, several US trial-level courts began reducing activity on Fridays…
As the shutdown continues, taxpayers should expect longer wait times and ramifications for the 2026 filing season.
On October 8, 2025, the IRS began furloughing staff as well as closing most operations due to the ongoing government shutdown.
According to an updated shutdown plan released the same day, the IRS is furloughing just under half its workforce…
OCC Bulletins 2025-22 and 2025-23 clarify the agency’s approach to evaluating banks’ compliance with fair banking practices and protecting customers’ financial records.
By Betty M. Huber, Arthur S. Long, Parag Patel, Pia Naib, Ed Reynolds, Richard Reynolds, and Deric Behar
The Office of the Comptroller of the Currency (OCC)1 published two bulletins (Bulletins …
This measure significantly expands the scope of Entity List and Military End-User List restrictions, imposing heightened diligence obligations and complicating EAR compliance.
By Les P. Carnegie, Damara L. Chambers, Charles Claypoole, Andrew P. Galdes, Robert Price, Eric S. Volkman, Ruchi G. Gill, Monica Calce, Matthew Crawford, Eric Green, Matthew R. Gregory…
The shutdown’s effect on federal court proceedings is in flux. For now, most litigants should expect business as usual in the nation’s courthouses, at least in private civil matters.
By Nicholas J. Boyle, Roberto J. Borgert, and Katherine Griffitts
Updated on October 23, 2025
On October 17, 2025, the Administrative Office of the US Courts confirmed that the…
The SEC is soliciting comments on whether the current framework for asset-backed securities registration and reporting is serving the needs of today’s securitization market.
By Matt Hays and Rolaine Soril Bancroft
Key Points:
Since the 2014 adoption of asset-level disclosure requirements, there has not been a single public offering of residential mortgage-backed securities. Market participants have cited these requirements as…
With the government shutdown in effect, many federal agencies are operating with limited staff, leading to delays in regulatory approvals, permits, and federal contracts.
By Erin Brown Jones, Amanda P. Reeves, and Cory Tull
As of October 1, 2025, the federal government has entered a shutdown. Understanding the current status of government funding, what to expect during this…
Regulators are directed to avoid reputation risk, identify banks that have engaged in unlawful debanking, and take appropriate remedial actions.
By Marc P. Berger, Betty M. Huber, Arthur S. Long, Benjamin Naftalis, Parag Patel, Stephen P. Wink, Douglas K. Yatter, Pia Naib, and Deric Behar
On August 7, 2025, President Trump issued…
The Act makes permanent many expiring TCJA provisions and changes key features of US tax law applicable to businesses and investments.
On July 4, 2025, President Trump signed into law H.R. 1, known as the One Big Beautiful Bill Act (the Act). The Act changes key features of US tax law.
Notably, the Act:
Makes permanent the Section 199A pass-through…
